Southern California Real Estate Blog

Bank Owned properties or R.E.O (real estated owned by a corporate entity) sales are much easier than a short sale. The only problem with a reo is the conditions of the transaction. In most cases the bank will sell the property in as-is condition. Depending on the kind of financing you have in pla...

When a homes value is less that the amount owed on a mortgage, and the home owner is late making payments on the mortgage, the bank will begin a forclosure process. If the home owner wishes to save his credit rating and avoid the forclosure, a real estate agent is hired to market the home for sal...