Category: Making an Offer
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Value Of Property In Foreclosure
Reader Question: In general, what kind of pricing schedule do banks use for foreclosure properties (as far as a discount rate per every 15, 30, 60, 90 days etc…? I know that the bank is willing to take less for a property the longer a foreclosure sits on the market, however, in general what is…
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Real Estate Short Sales Can Be Confusing
Reader Question: Monty, there is a short sale house I am interested in. They are not accepting bids until April 6. Why? And is there any way to circumvent the process to get your offer considered ahead of time? – Annette M. Glendale, AZ Monty’s Answer: Hello Annette. There is a multitude of potential reasons they may…