Last week I wrote an article discussing the dynamic that is created when distressed inventory is low in a particular market and demand is high. In these markets, you’ll often see increased competition for REO and HUD properties. For some investors, the thought of offering anything but a lowball offer is completely unheard of.  However, if competition from numerous investors in an area is fierce, this strategy may limit an investors ability to acquire property.I have learned over the years to … [Read more...]