|
|
las vegas real estate foreclosure news: Banks Paying More Attention to REO properties
- 10/29/08 07:42 AM
We have noticed that more and more REO properties are being fixed up by the bank. Over the past 6 months 70% of all sales have been REO properties so those properties were probably in better shape than what is left. We have been doing REO tours over the past 3 weeks and we have seen a ton of properties in bad shape with DOM stats ranging in the high 7 months plus. So we have seen crews in condos and single family homes putting low grade carpet and paint which is just enough to get it sold. A good sign the
(0 comments)
|
|
|
|
|
|
|
|