: Your agent will submit the offer with your pre-approval and an earnest money deposit (typically 1-2%).
Estimate repair costs to ensure the "bargain" price remains a good deal after renovations.
: Having a pre-approval letter from a lender (ideally the one owning the property) signals you are a serious buyer.
: Many banks eventually hire local real estate agents to list these properties on the Multiple Listing Service. 2. Secure REO-Specific Financing
: Your agent will submit the offer with your pre-approval and an earnest money deposit (typically 1-2%).
Estimate repair costs to ensure the "bargain" price remains a good deal after renovations.
: Having a pre-approval letter from a lender (ideally the one owning the property) signals you are a serious buyer.
: Many banks eventually hire local real estate agents to list these properties on the Multiple Listing Service. 2. Secure REO-Specific Financing
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