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reo las vegas: REO Challenges & tips for writing accepted offers - 07/11/08 12:49 AM
There are tons of REO properties in the Las Vegas market and more each day.  Wanted to address some of the things I've experienced.
Seller's Pricing Strategy
List price is an "invitation" to make an offer Make sure to do buyer CMA on solds only Example if the home is worth $200k seller is putting property on the market for $185k This generates a "buzz" and in most cases a multiple offer situation Therefore the property sells at $220k However there have been numerous cases of appraisal issues, so watch out Resale Package
Some REO sellers are requiring the buyer pay … (5 comments)

 
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Christin Griffin, Short Sale Queen

Las Vegas, NV

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Realty ONE Group

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