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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] It's a REO now. Posted by SeanW on April 08, 2003 at 4:17 PM In Reply to: making offers to the bank post foreclosure auction posted by Amy Francis on April 08, 2003 at 9:20 AM It's basically a retail sale. Negotiate with the bank like you would with an individual. Insist on title and escrow, and use a building inspection to list all the defects they need to discount into the price. And try to get it before it's assigned to a broker. The broker will immediately call up his/her investor list and you'll face more competition. Follow Ups: Re: It's a REO now. Amy 6:04 PM, 04/08/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : It's basically a retail sale. Negotiate with the bank like you would with an individual. Insist on title and escrow, and use a building inspection to list all the defects they need to discount into the price. : And try to get it before it's assigned to a broker. The broker will immediately call up his/her investor list and you'll face more competition. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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