Forclosure Investing Question
1 Reply
Chris Laino
Real Estate Agent from East Brunswick, New Jersey
posted over 3 years ago
Hi,
I am new to investing and I was interested in potentially buying foreclosed properties (REO- not at an auction)and reselling them. I was curious how much under the asking price the bank would be willing to accept. For example a house that was listed at $500,000 but has been on the market for 100+ days? Any help would be greatly appreciated!
-Chris
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