All Forum Posts by: Scott R. Fahl

Not so unusual Francis.

All banks have their own procedures and some want the AS-IS addendum up front and some/most don't.

I don't get why you raised your offer though. Obviously 193K wasn't your highest and best and $195,100 was, but what was the motivation for the raise? Because you received an AS-IS addendum?

It'd be interesting to see if you had won the bid at 193K or if the extra 2100 got it done.

Then again maybe it's better if you don't know:)

skiyan814.

You should have NO problem finding great deals in Aurora, Parker or Castle Rock in your $250-$300K price range.

I'm a REO realtor in Colorado and I specialize in finding the deals.

I see awesome homes in the areas and price range your talking about everyday.

I suggest getting your financing in place as the deals don't last long and the financing can be a pain to get set up. You don't want to be missing out on the property you've been looking for because of a financing snag.

As far as properties in CO. I'll check out whatever anyone has. I have cash buyers up the wazoo:) Deals only please!!

I agree with Jon. Making an offer never hurt anyone. Especially in this market. Banks are funny sometimes you never know what they'll say.
I work for a company that assists 18 banks in liquidating their REO assets and believe me, I've seen just about everything.
There are lots of options in H Ranch. I see them everyday.
I say make the offer and plan on getting a counter. If it doesn't work out don't worry as there is more where that came from. Good luck!