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Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

What You Need to Know About Buying Foreclosures
On my personal blog, I have posted a step by step series on buying foreclosures... click below to be taken to the post that interests you most....  Agents getting into this for the first time should read this, as well... you must be able to warn your clients about what to expect.  Bottom line - are REOs a great deal?  THEY BETTER BE - and here is why.
The Truth About REOs:  http://therealestatewhisperer.blogspot.com/2008/06/whats-reo.html
Ready to Buy: http://therealestatewhisperer.blogspot.com/2008/07/ready-to-buy.html
The Great House Hunt:  http://therealestatewhisperer.blogspot.com/2008/07/great-house-hunt.html
3 Part Series on Making an offer:
        http://therealestatewhisperer.blogspot.com/2008/07/making-offer-on-reo-part-1-price.html
        http://therealestatewhisperer.blogspot.com/2008/07/making-offer-on-reo-part-2-financing.html
        http://therealestatewhisperer.blogspot.com/2008/07/making-offer-on-reo-part-3-deadlines.html
2 Part Series on Contract to Close:
        http://therealestatewhisperer.blogspot.com/2008/07/contract-to-close-process-for-reo-part.html
        http://therealestatewhisperer.blogspot.com/2008/07/reos-contract-to-close-pt-2.html
... more

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