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Overpriced Bids And Missing Out
Manage episode 320327906 series 3293719
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Many times, we have talked about the importance of owning a home. And imagine you are just about to buy the house of your dreams, and in a split second, you don't have it because the bid is overpriced.
In this episode, Mike Reilly and Mike Ferrante with his assistant Will talk about list price market value and discuss making an offer for a FHA home and the problems associated with it.
1:40 Mike Reilly and Mike Ferrante discuss getting outbid.
5:10 Mike Reilly and Mike Ferrante explain about list price market value, and the way that investors wholesalers define it.
8:47 Mike Reilly and Mike Ferrante provide an overview about real estate agent’s price and value.
11:58 Mike Reilly and Mike Ferrante discuss the chances of the deal falling through.
16:38 William Hall talks about a lender that purchased a property.
36:15 Mike Reilly describes how a vacant property is lowering his property values.
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