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bank owned homes: What do real estate agents who list bank owned properties have to do? Lake Arrowhead - 10/09/08 05:18 PM
Hi this is Gray!!
Ok I look like I am resting. I am trying to look disinterested because Kele is on the phone. She just found out lots of information about listing Bank Owned homes. Guess what it is very expensive. Why? Well you have to pay to get the key from the home owner (sometime $500- really this means is they move out with there stuff and hand you a key), you need to pay for utilities, you need to pay for repairs , safety issues for sure, you need to pay to get cleaned up-paint-trash-yard-fix … (2 comments)
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bank owned homes: Do you know what bottom feeders are? Lake Arrowhead Real Estate - 05/26/08 05:05 PM
Do you know what Bottom Feeders are?
In the marine world they are the ones that eat the stuff that sinks to the bottom.
In real estate they are the ones that go after the homes that the banks have and have put back on the market.
This is what is happening in our market. We are unique. We are a 2nd and 3rd home market. People who buy homes here usually can afford to purchase and keep their 2nd and 3rd homes.
There are some bank owned homes and some repos. Nothing like down the hill. Numbers are … (0 comments)
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