Preparing to make your offer to the bank
Once you have found that perfect REO “bank owned property”, you need to prepare to make your offer.
So let’s recap… When you find a property with a lock box and no “FOR SALE” sign, the first thing you need to do is research. You need to know who owns the property and what it’s worth so you know what to offer. If you need help, re-read the previous sections on determining value, estimating repairs, and what to offer. [Read more…] about Making your offer to the bank