altamonte springs reo: The Tricks and Traps of Buying bank owned REO properties - Part 6 - 06/30/09 02:06 AM
This is the final article of this series on strategies for purchasing the best deals on these bank owned foreclosure properties. There are still a ton of these REO homes for sale in Central Florida and another big wave of foreclosures is on the horizon. In this article, I will discuss strategies on getting your offers accepted. 
In Part 5 of this series someone posted a question on the blog about multiple offer situations and not being able to get their strong offer accepted.  One thing to always keep in mind is that investing in real estate is all about the numbers. It's a … (0 comments)

altamonte springs reo: The Tricks and Traps of Buying bank owned REO properties - Part 5 - 06/19/09 03:40 AM
In previous articles in this series, I discussed how banks handle an upcoming R.E.O. property prior to the foreclosure auction, how banks determine prices for their R.E.O.'s, and what specific properties you should target for the greatest deals.  In the last 2 articles of this series, I will be discussing negotiation strategies for getting the best deals on bank owned REO's. 
The Tricks and Traps of Buying bank owned REO properties - Part 1
The Tricks and Traps of Buying bank owned REO properties - Part 2
The Tricks and Traps of Buying bank owned REO properties - Part 3
The Tricks … (5 comments)

altamonte springs reo: The Tricks and Traps of Buying bank owned REO properties - Part 4 - 05/27/09 07:48 AM
Parts 1 and 2 of this series discussed how banks handle properties up until the foreclosure is completed. Part 3 of this series began the discussion on how banks determine values when pricing their properties and what to look for in finding great deals.
The Tricks and Traps of Buying bank owned REO properties - Part 1
The Tricks and Traps of Buying bank owned REO properties - Part 2
The Tricks and Traps of Buying bank owned REO properties - Part 3

A key thing to look for with REO properties are the ones that cannot … (2 comments)

altamonte springs reo: The Tricks and Traps of Buying bank owned REO properties - Part 3 - 05/15/09 03:53 AM
In Parts 1 and 2 of this series, I discussed how banks handle the initial part of the foreclosure process up to the point that the foreclosure is concluded and the property is secured.  You can read more on those articles here:
The Tricks and Traps of Buying bank owned REO properties - Part 1 
The Tricks and Traps of Buying bank owned REO properties - Part 2 
  
In Parts 3 and 4, I plan on discussing how banks determine value when pricing REO properties, the common time frames affecting these listings, and financing issues in selling them.  For definitions of … (4 comments)

altamonte springs reo: The Tricks and Traps of Buying bank owned REO properties - Part 1 - 04/22/09 01:57 AM
The term REO has become more and more commonplace over the last couple of years.  It is an acronym for Real Estate Owned and means a property that has been taken back by a bank or similar institution either through a mortgage foreclosure proceeding or a deed in lieu of foreclosure.  In this first article on this subject, I plan on going through the basics of how a bank reacts to and deals with a foreclosure at least from my observations as a real estate broker who has listed short sales and REO properties and who has represented buyers in purchasing … (0 comments)

 
Rob Arnold, Metro Orlando Full Service - Investor Friendly & F (Sand Dollar Realty Group, Inc.)

Rob Arnold

Metro Orlando Full Service - Investor Friendly & F

Altamonte Springs, FL

More about me…

Sand Dollar Realty Group, Inc.

Address: Apopka, FL, Longwood, FL, Winter Springs, FL, Casselberry, FL, Orlando, FL, Deltona, FL, Debary, FL, , Altamonte Springs, FL, 32714

Office: (407) 389-7318

Fax: (407) 389-4418


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My thoughts on the real estate industry, real estate investing, rental properties, mortgages, listing houses in the MLS, government and legislative issues affecting real estate brokers and investors. Serving metro Orlando & most of Florida.

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