Competition Can Be High for Foreclosures

Wow!! Over the past 3 weeks or so I have seen as many as 10 offers on a single foreclosure! Seems some of the asset management companies are being very aggressive on the list price. Offers exceeding that list price are not uncommon. I am advising my clients that if they have an interest, don’t delay in following thru on their plans as some homes are really in pretty decent condition.