An example of a buyer who took a lowball shot at a listing that had some tell-tale signs:
1. A number of other active listings nearby that weren’t selling,
2. Out-of-town REO listing agent,
3. A World Savings/Wachovia/Wells Fargo original loan amount of $687,000,
4. A newer tract house that was unattractive enough that it probably wasn’t getting any offers.