Real estate blog entries tagged with reo by Lise Howe, Assoc. Broker and Attorney Licensed in DC, MD, VA,Coldwell Banker (Keller Williams Metro Team Realty)

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Home : Blogs : Lise Howe, Assoc. Broker and Attorney Licensed in DC, MD, VA,Coldwell Banker : Lise's View of Real Estate in DC : Tag "reo"

reo: Buying a Foreclosure - Buyer Beware - 12/05/09 10:02 PM

If you are like many buyers who have been reading the real estate section of your local newspaper, you probably think a foreclosed house may be the best deal. According to the NAR, these houses often sell for about 15 to 20 percent less than comparable homes in the same neighborhood.
Despite the seemingly great deals however, anyone considering buying a foreclosed house should heed the classic warning: Caveat emptor, or let the buyer beware.
First, getting a contract on a house in a desirable neighborhood can be hard to do. Many buyers are outdone by all-cash bidders. Buyers also need to search … (7 comments)

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Lise Howe, Assoc. Broker and Attorney Licensed in DC, MD, VA,Coldwell Banker

Washington, DC

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Keller Williams Metro Team Realty

Address: 15204 Omega Drive, Rockville, MD, 20850

Office Phone: (240) 401-5577

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As an full time and very active Realtor in the DC metro area, I love to write about the DC market, special communities within the market, and new listings, and to connect with other agents in ActiveRain on ways to improve our service to the public and our marketing abilities.

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