All Forum Posts by: Kev W.

Have a great Birthday Josh...

Thanks again for BP!!!! We all really appreciate it!!

Thanks a lot for your feedback... it helps a lot....so I guess I will look at it like this.... If the deal makes sense based on the 70% ARV then I guess ANYTHING they accept below the list price would be considered a bonus.

So again if the deal makes sense then I guess it would be best to offer the full price so as not to lose out on it all together.

As a newbie just starting out and interested in focusing on REO properties- with inventories at record levels, and in this market it seems as if the banks are the only ones creating equity with home values being so low.

For some of my REO specialists out there-

What percentage of the listing price do you normally make your offer to the bank?

In working the numbers on some potentials, I wonder should I offer 5% off the listed price, 10% or more.. I know the DOM is a factor in what they accept but I'm just wondering what you guys are seeing in the % off the list price of offers that are accepted.

Thanks in advance for your feedback

Congrats Sam!!!...Thanks for sharing and motivating!!

Hey Brad, I was just curious, were you able to find buyers for your properties before the deadline?