article thumbnail

How to Conduct a Smooth Real Estate Transaction

McKissock

Other terms, such as closing dates and concessions, may play powerful roles in the strengths of competing offers. Regardless of the strengths and weaknesses of the competing offers, the seller can only negotiate one offer at a time until there is a binding contract. Negotiating counter offers. Acceptance!

article thumbnail

The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

Real estate agent: A real estate agent will be able to find REO offerings from multiple lenders in your desired area. Online services: Other online services, such as Zillow , offer tools to look up foreclosures by certain characteristics or in certain areas. Some of these tools are free to use, while others may charge a fee.