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Old 07-10-2009, 12:03 PM
Jeff O Jeff O is offline
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Default Re: Realtytrac.com and REO pricing

As an asset manager I ran into a few banks that may offer to finance a property that they just took back into REO, although a majority of them will not.

They tend to feel it is a conflict of interest.

Also the price you see on realtytrac is the list price the bank has decided to list the property at.

If it is that far under market - I would suggest you find a buyer asap and put in an offer.

Thanks
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