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  • Profile picture for Laura Rivera
    Laura RiveraColdwell Banker Residential(510) 244-28212 listings, Short-Sale, Buyer's Agent, Foreclosure, Listing Agent
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    Quinn StoneBayside Real Estate(510) 899-9063Short-Sale, Buyer's Agent, Foreclosure, Listing Agent
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    Bill TruongPacific Sales & Management(510) 740-8328Short-Sale, Buyer's Agent, Foreclosure
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    Brooks LandrySkippyBean Realty(925) 361-27293 listings, Short-Sale, Buyer's Agent, Foreclosure, Listing Agent
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    Jeff GoodBaniqued Realtors, Inc.(510) 898-63291 listing, Short-Sale, Buyer's Agent, Foreclosure, Listing Agent
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  • Profile picture for Marvin Remmich
    Marvin RemmichRAM Properties(925) 400-91671 listing, Short-Sale, Buyer's Agent, Foreclosure, Listing Agent
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    Ken KhoLegacy Real Estate and Associates(510) 396-5408Short-Sale, Buyer's Agent, Foreclosure, Listing Agent
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    Travis HillOpen Home Professionals, Inc(510) 255-2943Short-Sale, Buyer's Agent, Foreclosure, Listing Agent
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    Lily Cai DoRE/MAX Accord(510) 889-8819Short-Sale, Buyer's Agent, Foreclosure, Listing Agent
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    David GluckMarcus Realty(510) 550-5568Relocation, Buyer's Agent, Foreclosure, Listing Agent
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San Leandro Buying a Foreclosure Advice

Question
Do banks purposely underprice REOs to get multiple offers?

I've seen several new REO listings in the last two weeks that are about $50-60K below the comps. ... - 20 Answers

Mortgage Rates
Homes for Sale
  1. 1011 102nd Ave, Oakland, CA Home For Sale
    1011 102nd Ave, Oakland, CA 94603

     For Sale: N/A

    • Beds: --
    • Sqft: 922
    • Baths: 1.0
    • Lot: 4040
  2. 803 Crocus Dr, San Leandro, CA Home For Sale
    803 Crocus Dr, San Leandro, CA 94578

     For Sale: $448,000

    • Beds: 3
    • Sqft: 1659
    • Baths: 2.0
    • Lot: 4859
  3. 553 Almanza Dr, Oakland, CA Home For Sale
    553 Almanza Dr, Oakland, CA 94603

     For Sale: $225,000

    • Beds: 4
    • Sqft: 1160
    • Baths: 2.0
    • Lot: 4007