Right now the hold on REO's has been lifted.  My friends that are REO agents just jumped into hustle mode.  In certain areas we have noticed property come to the market the last few days we had not seen for awhile.  Buyers you are going to have a window of opportunity to get a good deal with good rates.  It is very possible rates may go up higher.  Right now you be prepared.  What do I mean by that?  Have your pre-approval ready, know what you're looking for, be prepared to make a decision.  If see it go for it.  Hesitation may cost you.  Do as much homework upfront and be available.  If your agent finds it, you got to make time to go see it and get your bid in!

If you are receiving information on line from your agent look at them regularly.  If your circumstances or parameters change, let your agent know.  Be on the same page.  This will make your journey much more enjoyable and exciting.