reo: Undisclosed & unpermitted structures in an REO sale can create problems - 06/22/08 09:08 PM
I recently had undisclosed and unpermitted structures become an issue with two of my recent transactions. With REO (bank owned foreclosure) properties the seller (the bank) is very reluctant to disclose anything about the property. They refuse to sign any transfer disclosure or other statewide disclosures that are required in traditional (2 comments)
reo: Bank Owned Foreclosure house in Yorba Linda for under $500,000! - 06/22/08 07:55 PM
Right now is a great time to buy! Monthly mortgage payments will be lower than the cost to rent when you buy this wonderful house in Yorba Linda:
3 bedroom / 2 bath / 1606 SqFt. / 5520 lot listed at $488,900!
Back in the market!!! Beautiful Warmington Rancho Dominguez Home! (0 comments)
reo: You need to move fast if you want to purchase a bank owned foreclosure! - 05/02/08 07:13 PM
If you're thinking about buying a bank owned foreclosure (REO) in North Orange County, don't wait any longer. There are numerous opportunities to purchase 3 bedroom houses (especially in Anaheim area) for under $400,000. Many first time home buyers are getting the chance of a lifetime considering that just a year (0 comments)
reo: What's the difference between a Bank Owned Foreclosure and a Short Sale? - 03/12/08 12:03 PM
I recently had a client send me an email with the question below: Hi Aaron, Can you tell me what is the difference between a bank owned foreclosure and a short sale? That is a great question. The number of Bank Owned Foreclosures and Short Sales are increasing in Orange County, especially in Anaheim. (1 comments)
reo: Advantages of buying an REO property compared to buying a short sale - 02/15/08 08:35 PM
If you have a potential buyer who is interested in a couple of similar properties in the same neighborhood, what kind of advice do you give regarding the pros and cons of making an offer on a short sale property as opposed to an REO property? The short sale could tie (9 comments)