Tagged : boise reale estate

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Have you wondered how much you can negotiate off Boise bank foreclosures (REO's)? Well, the truth is it depends.  The major factors are location, price range, day's on market, terms and conditions of the offer, and the bank.  As you will see, there's a range of how much the banks will negotiate and not all situtations are the same.  If you're looking at a specific REO and would like to know my opinion I would be happy to talk with you.

For this blog, I complied the Boise bank-foreclosure sales from October 1, 2008 through November 30, 2008.

The most negotiated off the asking price was 22% while several sold for over the asking price.   The average percentage was 4% and the median 3%.  Please keep in mind, that most of these sales also had the bank

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