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Fullerton REO homes - still difficult, multiple bids situation

Fullerton real estate is still experiencing a drought of REO homes. In fact so much so, that most of the good deals (bargains) are accepting multiple offers at once. When that happens, the sellers will ask for "last and best" counter offers from all of the bidders. Not really the situation that any of the buyers want. It ultimately becomes a blind bidding war -- where you send in your best dollar offer price you can muster up -- and hope it is good enough, but fear that you may be overpaying. Buyers, especially for Fullerton real estate, want to purchase property without the fear that they may have been tricked into paying too much.

Check for comparable neighborhood prices at www.foustonline.com, Home searches will help you to see what the market is saying. Also review neighborhoods to get a comparison of the areas.

Posted Thursday Oct 22