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REO Listing Price Lowered After Offer - Everything Real Estate

 Q&A | Buy a home : REO Listing Price Lowered After Offer

Name: cyndi Title of Question: REO Listing Price Lowered After Offer
Question: We made an offer on an REO property of 145000 which was the list price (property worth about 185000). The offer was made late on Friday and we found on Sunday the listing price was lowered to 139900. What happens in this situation? Not even sure they have picked the offer off the fax yet.

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