Fullerton real estate is still experiencing a drought of REO homes.  In fact so much so, that most of the good deals (bargains) are accepting multiple offers at once.  When that happens, the sellers will ask for "last and best" counter offers from all of the bidders.  Not really the situation that any of the buyers want.  It ultimately becomes a blind bidding war -- where you send in your best dollar offer price you can muster up -- and hope it is good enough, but fear that you may be overpaying.  Buyers, especially for Fullerton real estate, want to purchase property without the fear that they may have been tricked into paying too much.

Check for comparable neighborhood prices at www.foustonline.com, Home searches will help you to see what the market is saying.  Also review neighborhoods to get a comparison of the areas.

 

 
This post has been included in California Information Orange County, CA Information Fullerton, CA Information
Post is included in group: "Whacked"!!!
Post is included in group: Square Pegs
Post is included in group: Realtors®
Post is included in group: Diary of a Realtor
Post is included in group: Club Chaos

0 Comments on Fullerton REO homes - still difficult, multiple bids situation

Leave a response…



(optional)
What does the graphic say?
 
Bfoust_r1_26_custom_ Rainmaker_large

Robert Foust |North Orange County | Fullerton Real Estate | Brea Real Estate

Fullerton, CA

More about me…

Foust Asset Development - Foust Team Real Estate

Address: 100 West Valencia Mesa Drive, Fullerton, CA, 92835

Office Phone: (714) 626-2000 x 345

Cell Phone: (714) 322-9097

Email Me

Comprehensive real estate information for sellers, buyers, and investors. Local experts for Fullerton, Anaheim, Brea, La Habra, La Mirada, Placentia, Yorba Linda, Orange, and other North Orange County areas. Another team blog is at www.foustonline.blogspot.com .


Links

Archives

RSS 2.0 Feed for this blog

Find CA real estate agents and Fullerton real estate on ActiveRain.