One of the biggest misconceptions buyers have when looking to buy a Steamboat bank-owned property is that banks are desperate to get rid of their housing inventory. Buyers think they can offer 20, 25, or even 30% off the already low asking price and banks will take it. Not true. The price a bank is willing to accept depends on how long it has been on the market and whether it is a small local lender or a large, national financial institution using a computerized asset management system.
See all Steamboat Springs Foreclosures and Bank-Owned Properties here, or call 970.819.6372
0 Responses
Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.