reo for sale virginia: WHY DO OWNER BANKS AND LISTING AGENTS MAKE IT SO HARD TO BUY A FORECLOSURE?
- 05/06/11 11:38 PM
DO REO BANK OWNERS READ LISTING REPORTS?DO REO LISTING AGENTS WANT CO-OP SALES?WHY DO THEY MAKE IT SO HARD? I'm previewing a selection of bank owned potential FHA 203(k) properties today. A smart buyer couple is interested in buying a property that would offer INSTANT EQUITY with FHA 203(k) financing. The first place I go for 203(k) buyers is to the available REO properties. First of all, to the owner/seller, these properties are not homes. The properties are "inventory" and discounted, often significantly from market. Also, I have a relationship with a loan officer who plays the FHA 203(k) loan like Itzhak Perlman
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