Bank owned REO (Real Estate Owned) properties is where the market is right now, Every Buyer we have spoken to is buying or looking for a bank owned foreclosed property. If you are not working with a Bank, I suggest you make some calls and get a hold of their REO list of homes available. If you don't know who to call a great way will be to look at the settlement sheet (HUD1) of some of your past closings and call the Lender on the sheet, ask for their REO Dept., a great way to build a relationship with the Lender.

 Its a very unique market right now, Buyers are out there looking for the right deal, take advantage of it make the call !  

 
Posted by Dawn Marie White, Broker-Office Manager on 07/13/2008 10:46 AM   Comments (2)    

2 Comments on Bank Owned Properties

I am sorry to say you are right. I am sorrier to say it took me longer than it should to jump on this wagon

07/13/2008 10:48 AM by Charlie Ragonesi Big Canoe homes, Jasper ,Ball Ground,Benttree,Dahlonega (All Mountain Realty)

REO properties are a hot market right now, many investors and agents are jumping in on the trend. Unfortunately its a local market, some REO properties are not always the best deals and consumers should consult with thier local Realtors before making a decision.

 

07/13/2008 11:07 AM by Mike Wong Realtor, GRI (Keller Williams Realty Southwest)

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Real Estate Agent: Dawn Marie White, Broker-Office Manager (Crossroads Realty Inc)
Dawn Marie White, Broker-Office Manager
Wall, NJ
More about me…
Crossroads Realty Inc

Office Phone: (732) 528-6800 Ext.: 204
Cell Phone: (732) 581-9414
Email Me
As tech savvy real estate professional, skilled negotiator, mentor, coach and broker-sales manager for Crossroads Realty Regional Office. Dawn Marie uses her experience, energy and enthusiasm to educate and motivate agents to reach for their highest level of success

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