Mary Jane Freeman's Real Estate Blog | Greenville, SC | First Time Home Buyers, Foreclosures, Loan Modification, Short Sales, Housing Market

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Mary Jane Freeman
REALTOR®

    ABR®: Accredited Buyers Representative
    GRI: Graduate REALTOR® Institute

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Can I negotiate the price of a bank-owned home?

In real estate, all prices are negotiable or at least you can try to negotiate. However, the negotiation on a bank-owned home depends highly upon the bank itself. What banks are willing to do can vary from one bank quickly willing to negotiate price, while another might remain very firm on their asking price of the home. As in all real estate affairs, and especially bank-owned properties, it is best to work with a real estate professional.

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