You Tube can make you look like a boob! "How to Buy a Bank-Owned Home" As I often do, I received another one of those emails from friends and associates that contain some funny video or joke. This one was different. I confess! As I was drinking water at my desk, I could hardly contain the laughter from forcing the water up to my nostrils. Not was it only funny, but it was a sad and (2 comments)
Buying a lender owned property can lead to a great deal Buying a bank owned property or real estate owned property can be a great investment. Often lender owned properties are priced below market value because of condition. Patience is key when buying a bank property After making the initial offer on the property, it may take 2-5 days to hear a verbal acceptance back or rejection. It may take an additional 5-10 days to receive a written acceptance back from the bank. The contract will not be binding until all parties sign (3 comments)