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writing a winning offer: How to write a good (or bad) offer on an REO (bank-owned) property - 07/24/11 01:57 AM
Some REO agents are very good at what they do, and provide concise instructions on how to submit an offer on an REO (real estate owned or bank-owned) listings.
These guidelines were pulled and combined from various instructions from REO listing agents and asset managers….so this is further testimony to the importance of writing the best and highest offer.
GUIDELINES TO WRITING AN OFFER ON AN REO PROPERTY
REMEMBER
Seller/Lender calls all the shots Offer is negotiated with an asset manager Some terms may be deleted from the formal contracts mandated/sanctioned/prepared by the State Association of REALTORS Conversely, some … (80 comments)

writing a winning offer: Not providing a preapproval letter may have cost the buyer's agent a $1M sale - 05/02/09 02:34 PM
TRUE AND RECENT STORY in East Bay, CA: There is an agent we will call Agent 1 who submitted an offer on a $1.2 property. The problem was, the agent didn't provide a preapproval letter or some form of proof of funds.
It isn't just the price that dictates who wins. The best and highest offer can mean how well the offer is prepared and presented, too.
The listing agent, who got burned once when this property was previously in escrow with a buyer who kept asking for extensions, was willing to give it another go.
This time, she isn't … (56 comments)

 
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Pacita Dimacali - ePRO, SRES, CDPE, MBA Alain Pinel in Alameda County CA

Oakland, CA

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Alain Pinel

Address: 6211 La Salle Ave, Oakland, CA, 94611

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