Need to know banks cost of REO? If so, how? - Posted by Brian, WI

Posted by Brian, WI on July 08, 2002 at 08:40:48:

I’m going to look at a single family REO today. It is listed with a realtor for $86,800 and I’m not sure of the condition yet. Comps for this house are about $110,000.

Is there a way to find out what the banks costs are, or do I even need to know that even if I throw in a low offer?