Typically the bank’s REO department will use a listing agent to get its REO properties listed on the local MLS. When we help you find a REO that interests you, before you make an offer on the property, we will contact either the listing agent or the REO department at the bank to find out as much information as possible about the condition of the property and how offers are received. We will also work with you in preparing an attractive offer which will include documentation of your ability to pay.
The bank may make a counter offer. In that instance, we will work with you to decide whether to accept their counter, or offer a counter to the counter offer. We will negotiate the best deal for you and make the process as easy as possible.