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How much can you expect to negotiate on a foreclosure that has been on the market for over 100 days

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June 09 - Washington

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Frank Becerra, "Las Vegas agent"
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Frank Becerra, "Las Vegas agent"

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Remember, real estate is local! There is no magical formula, it is supply and demand. For the most part we've been seeing homes that are selling at 100% of their asking price and in some cases I've seen some homes go for 10's of thousands more if there are multiple bids. Talk to you realtor and talk to an agent that has had experience with the purchase of foreclosures. if you want to know the Las Vegas real estate statistics have a look at the rss feed.

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FriendshipProperties
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Depends if they made any price reductions in that time. If they have, they might still be expecting 90% of their current asking price. If its the original price still, it may be up in the air, so just submit your best offer.

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June 10

Christopher Beaumont, "Christopher Beaumont"
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Christopher Beaumont, "Christopher Beaumont"

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Good morning,

Great question! The amount you can expect to negotiate will vary listing by listing. For example, it may be that the bank is rejecting all offers below X amount.

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June 10

Michael Emery, "MikeEmery"
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What's more relevant is how much the price has dropped in the last 100 days.

If it's dropped 50 percent from the original listing price versus dropped zero percent from the original listing price is an important part of the equation.

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June 09

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How much can you expect to negotiate on a foreclosure that has been on the market for over 100 days

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Question I am looking for a short sale realtor in Washington, D.C. Does anyone have any recommendations?

Question I WANT TO BUY A HOUSE IN EAST 179TH STREET IN THE BRONX. IS IT A SAFE NEIGHBORHOOD?

Question How much can you expect to negotiate on a foreclosure that has been on the market for over 100 days

Question list of foreclosures in washington dc

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