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Las Vegas Bank Owned Properties or “REOs”…. A Good Deal!

Written by Brynne Monge with Sena & Associates:

A “foreclosed” home is one that is now owned by the bank. There is typically a Trustee Sale or auction that will take place in hopes that the home will sell quickly. In many cases the home will not sell at these events due to one of many possible reasons. Often the property doesn’t sell because it simply doesn’t “pencil out” to be a good investment...

To read the entire article, click on the link below:

Las Vegas Bank Owned Properties or “REOs”…. A Good Deal!

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Posted by Tony Sena - Broker/Salesperson on 02/05/2009 11:25 PM

Comments (2)

las vegas bank owned homes, las vegas reos

Post is included in group: Realtors®
Post is included in group: Las Vegas, NV Area Real Estate Professionals
Post is included in group: LAS VEGAS - NEVADA

2 Comments on Las Vegas Bank Owned Properties or “REOs”…. A Good Deal!

FEB

I'm seeing this more and more throughout the country...buyer just don't want to go throught the process it takes way too long!

Robert, I don't understand what you are referring to? You are seeing more and more of what?

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