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How to Conduct a Smooth Real Estate Transaction

McKissock

In order to reach an acceptable agreement with the most favorable terms, make sure your buyers are aware of the market and the most important factors when constructing an offer. Requests to sellers to pay closing costs. Timeliness and types of inspections. Negotiating counter offers. Counter the counter offer.

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

PennyMac

REO properties are attractive to homebuyers or real estate investors for several reasons. In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. Step 7: Have the Property Inspected.