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How Banks Sell Their Properties

Each bank/lender works a little differently, but they all have similar goals. They want to get the best price possible and have no interest in “dumping” real estate cheaply. Generally, banks have an...

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What Do They Mean—Highest And Best Offer?

So you put in an offer on a house and you have waited a week to find out the bank has 14 offers on the property and is calling for your highest and best offer.  What should you do?  First, look at what...

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Making Offers On REO-Bank Owned-Foreclosed Properties

I know I’ve blogged about this one before—but it seems to be getting even more competitive when buyers are making offers on REO listings.  What can you do now to make sure you get one of the fantastic...

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