Real estate blog entries tagged with goernestcom by Ernest Villafranca, Realtor, Real Estate Oakland CA (Better Homes and Gardens Real Estate)

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Home : Blogs : Ernest Villafranca, Realtor, Real Estate Oakland CA : Better Homes & Gardens Real Estate/Go Ernest : Tag "goernestcom"

goernestcom: It's Tough Buying REOs - 07/23/09 08:39 AM

There's a lot of bank-owned, Real Estate Owned (REO) property on the market right now - most of the inventory is REO with short sales following second. The REOs are generating multiple offers; however, getting an offer accepted is challenging with acquiring the loan adding to the challenge. I have buyers, and I'm having a hard time buying!
Many REOs are requiring buyers to get pre-approved with their lender, which never goes over well with the buyers. Buyers say it's steering and illegal, and it may be, so some buyers cross out listings with this requirement. REOs just want to double … (0 comments)

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Ernest Villafranca, Realtor, Real Estate Oakland CA

Oakland, CA

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Better Homes and Gardens Real Estate

Address: Attn: Ernest Villafranca, 3320 Grand Ave., Oakland, CA, 94610

Office Phone: (510) 834-2010

Cell Phone: (510) 418-9443

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Real Estate Agent covering Berkeley-Oakland-San Leandro, East Bay in Alameda county. Experienced in short sales, flips, investment properties, probate sales, and the Hispanic market.

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