bank owned: Foreclosures
- 10/12/08 09:44 AM
Foreclosures are not always the best deals to be had. In fact, many times the best deals are to be had with an anxious seller who is willing to let some equity go or willing to go to the bank and ask for a short sale. Once the home has been through the foreclosure process, the REO department hires a realtor who runs the comps and prices at or around market. Many times the repairs to the foreclosures exceed the market value and the banks are not willing to make the necessary mark downs until the time triggers the next price … (0 comments)
bank owned: Sold as buyers agent in Houston (Hwy. 6)!
- 01/03/08 04:19 AM
Check out this wonderful home my buyer bought off of highway 6!! A gorgeous mediteranean home with great arches and tile throughout! A wonderful Fannie Mae, REO! Bank owned and ready to be lived in! The home was in perfect shape, had wonderful wood laminate floors, palm trees and great landscaping!
Foreclosures are not always the best deals to be had. In fact, many times the best deals are to be had with an anxious seller who is willing to let some equity go or willing to go to the bank and ask for a short sale. Once the home has been through the foreclosure process, the REO department hires a realtor who runs the comps and prices at or around market. Many times the repairs to the foreclosures exceed the market value and the banks are not willing to make the necessary mark downs until the time triggers the next price … (0 comments)
;)
;)
