reo: Short sale, bank owned and foreclosure - how do they differ? - 02/18/18 06:41 PM
Many people think that
short sales foreclosures   bank owned  are all the same thing.
In fact, they are completely different!
 
Bank owned properties, short sales and foreclosures were common in the Coeur d'Alene real estate market just a few short years ago. Our property values have recovered and soared in recent years but we still see some of these distressed properties pop onto the market from time to time.

SHORT SALES
The term short sale comes from the fact that the mortgage company will be shorted on the amount they are owed. They will agree to settle for less when the true market value of the property is less … (1 comments)

reo: How to Buy a Bank Owned Home - Funny Stuff - 11/08/09 02:00 PM
This funny bit has been making the rounds on Facebook and the real estate blogs.  It's some comic relief for those of us mired down in the bureaucracy.  I spent the last couple of months working with some buyers who successfully purchased a Bank-Owned home.  What makes it so funny is that it is so true to life!

This would be even funnier if it wasn't so painfully true. … (10 comments)

 
Janna Scharf, Coeur d'Alene Idaho Real Estate Expert (Keller Williams Realty Coeur d'Alene)

Janna Scharf

Coeur d'Alene Idaho Real Estate Expert

Coeur d'Alene, ID

More about me…

Keller Williams Realty Coeur d'Alene

Address: 1450 Northwest Blvd. Ste 301, Coeur d'Alene, ID, 83814

Office: (208) 667-2399

Mobile: (208) 651-9700

Coeur d'Alene Idaho Real Estate Blog By Janna Rankin Scharf of Scharf Real Estate Group at Keller Williams Realty.


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