Friday, April 25, 2008

Good Deals

I have written my share of offers lately for people trying to get the best deal on bank-owned properties. There are many, many factors that come into play when getting a good deal. I won't go into all the factors right now but if you want to "low ball" an offer it's okay! But most likely you will get no response or very little movement on the seller's side. I have written many offers for 25%-60% under asking price only to be rejected. The bottom line is that you need to be serious when making offers or risk missing out on a deal that's already good. So hurry up and get a good deal before things start turning around.

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