Your Realtor should be able to advise you on the current market conditions, and whether a lower offer is acceptable or not. That being said, some things to consider when putting in an offer are whether or not the items that you would need to pass a 4pt inspection are in good working order. Those items are the roof, plumbing, electrical and HVAC. If these items are older and would potentially prevent you from obtaining homeowners insurance, due to the age and/or condition of them I would consider putting an offer to offset those costs.
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Being a real estate agent, like any service job, can be tricky to navigate, especially when you are just getting started. Many of the connections between home buyers or sellers and agents are made through word of mouth. Odds are, if you told a group of your friends that you were l
There are multiple types of distressed properties that investors can look for. As you start your investment search, you may come across REOs, otherwise known as real estate-owned properties. REO properties are homes that have gone through the foreclosure process but did not sell at auction. This means they are now owned by the lender – usually a