Crestline Real Estate: Bank-Owned (REO / Foreclosure) Properties For Sale (as of 04/16/11)

Inventory of bank-owned homes is at 14 units in the Crestline area right now.  One new REO property was added to the multiple listing service in the last seven days, along with one other property that came back onto the market after having fallen out of escrow.  Two existing listings reduced their list prices and four went into escrow. _________________________________________________________________________________________ 

When you're looking to purchase a bank-owned property, there are many things you'll want to know:  How much you should offer, what costs will the bank pay, what to do if there are multiple offers, how much of a deposit should you put down, what kind of response should you expect from the bank, what paperwork is involved, etc, etc, etc. 

Navigating the bank-owned segment of the real estate market in the Lake Arrowhead, Crestline and Running Springs areas can be tricky, but there are successful strategies that can be employed to greatly increase your odds of securing a home (even in multiple offer scenarios). 

Call us at 909.336.7971 or email us at:  info@GregSteffens.com to discuss our proven methods of obtaining REO properties in a fast-paced, competitive and aggressive buyer's market. 

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