big bear bank owned: Bank Owned Furnishings - 10/19/09 12:24 PM
When it comes to agents that list bank owned properties, they seem to fall into two distinct categories. The first group takes their time and makes sure the house is completely ready to be sold. These agents make sure that the house and yard are clean and presentable. They also post … (0 comments)
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big bear bank owned: Bank Owned Checklist - 06/02/09 04:02 PM
Recently, it seems like every time a good bank owned property comes on the market, it is like blood in the water with four, five or more offers coming in. If you want to have a chance at snagging one of these good deals away from the other sharks, you need … (0 comments)
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big bear bank owned: A Word of Warning Regarding Bank Owned Purchases - 01/22/09 01:54 PM
I just went through a very frustrating experience and thought I would share it in the hopes it may help someone else. It has to do with the policy many banks have adopted of forcing a buyer to pre-qualify with the banks lender of choice before they can submit an offer. … (10 comments)
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big bear bank owned: Bank Owned Advice - 01/09/09 03:39 PM
Originally Posted At www.bigbearilluminated.com
Buying a bank owned home is an interesting process. Sometimes it is swift and painless. Other times, it is an incredible quagmire. No bank operates in the same manner. Every single one will have different requirements and procedures that dictate how they do business. If you are … (4 comments)
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big bear bank owned: Awesome Big Bear REO - 12/09/08 11:36 AM
Originally Posted At www.bigbearilluminated.com
This bank owned home, at 1110 Mountain Lane, is located in The Pinewood Estates neighborhood in Big Bear City. This home is in extremely good condition, unlike many of the REO properties on the market today. It boasts new paint and carpet as well as a wide open, appealing … (0 comments)
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big bear bank owned: Awesome Big Bear REO - 12/09/08 11:33 AM
Originally Posted At www.bigbearilluminated.com
This bank owned home is located at 1110 Mountain Lane is located in The Pinewood Estates neighborhood in Big Bear City. This home is in extremely good condition, unlike many of the REO properties on the market today. It boasts new paint and carpet as well as a … (0 comments)
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big bear bank owned: If It Look's Too Good To Be True..... - 12/02/08 01:55 PM
My mother always told me, if something looks to good to be true, it probably is. This saying especially applies to bank owned properties. I can't even begin to count how many time's I have gotten a call or an email from one of my clients that have seen a … (0 comments)
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big bear bank owned: Big Bear REO Timelines - 11/25/08 01:04 PM
-Originally Posted At www.bigbearilluminated.com
I just to remind anybody thinking about buying a bank owned property in Big Bear that they need to be very aware of the different time lines and how they will be affected by them. The bank's that are selling these properties are on their own schedules … (0 comments)
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big bear bank owned: Big Bear REO Information - 10/10/08 01:03 PM
Originally posted at www.bigbearilluminated.com
Lately, I have been answering alot of questions regarding REO properties and things buyers need to be aware of. As it happens, my colleague Tyler Wood has also been fielding the same questions. In order to answer them, we made a short video that goes over some … (0 comments)
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big bear bank owned: Unfinished REO's - 10/07/08 11:26 AM
I just closed escrow a few days ago on an unfinished bank owned property, and let me tell you, it was very difficult. With the market in upheaval the way it is, getting a perfect house funded can be challenging. If the home in question is an unfinished bank owned home, … (0 comments)
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big bear bank owned: Crazy Market - 09/22/08 03:50 PM
Originally Posted At www.bigbearilluminated.com
What a crazy market we are in these days. Gone are the days of conventional loans on traditional listings. Gone are the days of your only worry being if you made your offer high enough to get the property. Or if you priced your listing high enough … (2 comments)
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big bear bank owned: Bank Owned Showdown - 09/15/08 12:33 PM
When dealing with a bank in a foreclosure situation, you never know what you are going to get. Sometimes the bank is just happy to get the property off of their books and are extremely easy to deal with. Other times, not so much. I recently wrote a blog about … (0 comments)
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big bear bank owned: Banks Making No Sense - 09/07/08 11:56 AM
I have some clients who are looking for a little vacation place up here in Big Bear. They have done the math and decided that they can go up to $110,000 and not a penny higher. They are set on this number and will not, for any reason, go above it. … (1 comments)
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big bear bank owned: Big Bear Bank Owned Beauty - 08/12/08 12:18 PM
Originally Posted At www.bigbearilluminated.com
I just put this bank owned beauty into escrow today. It is located in the prestigious Bear Loop neighborhood located on the north shore of Baker Pond. This home was built and sold in 2006 for a selling price of $869,000. It boasts 3,154 square feet of … (0 comments)
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big bear bank owned: Different Banks, Different Rules - 08/07/08 02:46 PM
Originally Posted At www.bigbearilluminated.com
Like most Realtors today, I have been dealing with quite a few bank owned properties. Like conventional listings, they come in all shapes, sizes, and conditions. Some banks price them to move, others not so much. For every REO I see that is a great buy, I … (10 comments)
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big bear bank owned: Big Bear Bank Owned Bargain - 07/12/08 12:28 PM
Originally Posted at www.bigbearilluminated.com
This bank owned home is in the highly desirable Fox Farm neighborhood in Big Bear Lake. If you are looking for alot of square footage for a small price, this is the home for you. It measures in at an impressive 3,204 square feet. It boasts 5 … (1 comments)
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big bear bank owned: Big Bear REO Tour - 06/09/08 02:51 PM
I just wanted to let everybody know that we are going to be sponsoring a tour of the best bank owned homes in Big Bear. The first tour is going to be on July 12th at 1:00 pm. We are going to be meeting at the Coldwell Banker office at 42153 … (0 comments)
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big bear bank owned: Big Bear Bank Owned Sale - 06/03/08 11:40 AM
This bank owned property just closed escrow today. I am posting it to shed a little light on how the market is dealing with bank owned properties at this time.
The home is located at 332 Downey, in a nice area in east Big Bear City. The home itself is … (2 comments)
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big bear bank owned: Big Bear Bank Owned Sale - 05/25/08 01:22 PM
Originally posted at www.bigbearilluminated.com
This is a bank owned property I just closed escrow on this Friday. This home had suffered around 80k in fire damage last year. I did the comps and determined that this home would probably sell between 480k and 520k, if it was rehabbed. The home … (4 comments)
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big bear bank owned: Big Bear Bank Owned Homes And Bad Agents - 05/19/08 02:48 PM
Originally Posted At www.bigbearilluminated.com
I just wanted to rant a little bit about something that happened to me this weekend, and since this is my blog and I can do as I please, here goes:) I was out showing bank owned Big Bear homes to a very nice couple on Saturday. Since … (8 comments)
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