Ar_home_b_search
 



buy: Good Things to Know About the REO or Bank Sale Closing Process - 03/14/08 12:30 AM
Good things to know about the
REO-Bank Sale Closing Process:
•1.      The Seller- In an REO transaction the Seller is an out of state bank.  The bank contracts a 3rd party asset management company which represents them in the transaction and approves the final escrow closing. All correspondence is done by email, below are a few items performed by Escrow to help you understand the closing process.
•2.      Title Commitment (prelim) - There may be unforeseen vesting and/or lien issues on the title report that will require Escrow and/or Bank Seller to correct before closing. 
•3.      HOA Demands (payoffs)- Processing time to obtain … (0 comments)

 

Dana Anderson Whittaker

Las Vegas, NV

More about me…

Keller Williams Realty Las Vegas

Address: 3090 S. Durango , Suite 100, Las Vegas , NV, 89117

Cell Phone: (702) 300-7653

Email Me

Las Vegas and Henderson Real Estate information provided by a local, full-time, real estate professional and business coach. Get our opinions on Las Vegas and Henderson market data, appreciation, projections, commentaries, lending information, investing, areas of town, builders, homes, land, condos, townhomes, high-rise condos and hotels, lofts, relocating, 1031 exchanges and living in the most exciting city there is. We'll talk about Las Vegas, Henderson, Summerlin, Green Valley Ranch, Seven Hills, Anthem, Southern Highlands, The Strip and More.


Links

Archives

RSS 2.0 Feed for this blog