Mikel Defrancesco answered:
What would be the broker's motive to lower the sale price for a house on MLS for which the buyer has already signed a contract?
They may be acccepting back up offers in case the deal falls through or to use as leverage in case of a home inspection or other issue.
Jt answered:
Are foreclosures and bank owned properties negotiable?
A home is only worth what the market is willing to pay for it. Be careful and fully examing a REO owned property before investing in it. I do not subscribe to the notion that the home
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