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Blog entries tagged with "reo properties":
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Dear Mr. & Mrs. Distessed Home Owner:
If you are purchasing property these days I'm sure that you have stumbled upon a REO or lender owned/ bank owned property in you’re searching. Here are a few tips for placing an offer on a REO/Bank owned/ Lender owned property. Click here for more information.
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I have been showing property to several different buyer's and we keep running into properties that are in ill repair or just trashed. Many of them are short sales and REO's. The buyers keep insisting on viewing these homes as they hear from the media what great buys they can get … (6 comments)
It is starting to become a common sight in many neighborhoods across the country > the home that has been overgrown with weeds, bushes, trees, and the grass is either dead or out of control. The suburban bunny rabbit's dream! Of course, most of these lawns belong to the banks that obtained … (9 comments)
I was talking to one of my Gold level coaching students about this strategy and I decided to post it so you can see it as well. REDC stands for Real Estate Disposition Corporation. The company was started to capitalize on the wave of Foreclosures and REO properties. The same thing … (0 comments)
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Pending homes sales jump 6.3% in April. The Pending Home Sales Index (PHS), is released the first week of each month, and is designed to be a leading indicator of housing activity. It measures contract activity, not loan closings. Thw index is the highest it has been since October 2007, however … (1 comments)
YES! It is true, You might have seen it on the evening news. there are over 203 listings in Fulton County for under 25K. This is an investors dream! Come one come all. The housing market is not going to be in a downturn forever. Majortiy of these homes are REO properties. Now … (0 comments)
For more foreclosures click here http://www.kstrealty.com/foreclosuredproperties/
Buyers in Fountain Valley, this is your opportunity to take advantage of the high rate of foreclosures in Orange County!
A recently passed California Senate Bill would allow local communities in California to go after the lenders with a daily fine of $1000 per day for neglecting an REO property's conditions and allowing them to become rundown and a neighborhood blight. The bill SR 1137( Perata) was passed in the senate … (24 comments)
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What a great day today! Things were really buzzing here at the office. Earlier in the week we held a session on building neighborhood reports to help us maintain contact with our clients. I promised the team that I would pick up postage for any reports completed by Friday. Congratulations to … (1 comments)
There is a very real side to the foreclosure crisis that our entire nation is facing. Does anyone care about the silent victims of the mortgage meltdown? Do we think about who occupied the bedrooms that are being abandoned and auctioned off as if they were some unknown baseball player's rookie card? … (0 comments)
Are Short sales driving you crazy? my hat is off to short sales experts, getting the banks to cooperate for me is really difficult and time demanding. With All the buyers competing for theforeclosures and short sale homes, I have found with my clients that the new home communities are a better value then … (6 comments)
SANTA MARIA / ORCUTT MARKET SNAPSHOT SOLD REO PROPERTIES MARCH 29, 2008
We have a received a number of calls from potential buyers looking for REO properties in our area. REO (Real Estate Owned) properties are those owned by banks or other financial institutions. These questions have prompted us to research what REO properties are being purchased in our area. So far this … (0 comments)
I am presently representing a 3-time repeat client who is purchasing an REO property, owned by a very large financial institution. Two things here are important ... the lender that owns the property, and the company that will be writing the loan for the property, are one-in-the-same.
Portola Hills eNews 
REO properties are the buzzword for 2008, but what exactly are these properties? REO stands for Real Estate Owned. Basically, this means the homeowner was unable to make payments on the property and it was seized by the lender. When the foreclosure process is complete, the home becomes Real Estate Owned … (0 comments)
This is the first in a short series to help you make an informed decision about whether or not to purchase an REO or Bank Owned Home. 
I woke up last night to the sound of the pounding surf, now I live about 4 blocks away, so when it wakes me up - you know its good. 
We were swamped this past weekend, showing properties non-stop, writing offers, answering the phone.
http://www.sierrastar.com/features/story/14335440p-14851488c.html
Springfield MO Real Estate Foreclosures For Sale
On most of my short sales, the banks want 90-88% of the value. How do you get the banks to accept a lesser amount? … (2 comments)
Please visit my website: http://activerain.com/dvrkid Blanket Loans - No limit on number of properties, Fantastic Rates. Great for purchase of REO properties and refinance to lower your payments. Best way to reach me is email. I always have my trusty laptop avaiable and you can call me also. Send me a … (2 comments)
Cheryl Cook and I held REO (Real Estate Owned) open house at xxx Silberhorn Way in the community of Lexington of Folsom CA. 95630
As I have said before there are many acronyms in the Real Estate Business and today I will give a brief explanation for REO Properties. REO stand for Real Estate Owned. Basically when a house that has been foreclosed does not sell at the auction, the house goes back to the … (0 comments)
BUYING A REO (Bank Real Estate Owned) PROPERTY CAN MAKE AN AGENT GO GREY! PART 2
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I am looking to partner up with Agents, Brokers, any one in the real estate business, or anyone that has access to repossessed homes. I have been doing business with someone for some time now and lately his business ethics is something to be desired. He is not returning my calls, … (2 comments)