how much buyers should offer on a real estate owned property varies lenders are often highly motivated to sell reo properties which means they often come at a bigger discount compared to properties being sold by an owner if you still feel that you re not getting the best price look at the market value of the property and other comparable homes in the area and make your offer 
the bottom linereal estate can present a lucrative investment opportunity to save money on the purchase price many investors find opportunities in real estate owned properties which are owned by lenders these properties go through the default and foreclosure process and aren t sold at auction because it can be costly to maintain reo properties lenders are often highly motivated to sell you can get these properties at a steep discount but if they are neglected or require extensive repairs the cost of renovations can cancel out any savings from the lower selling price 