bank owned property: REO: Finding the Great White Whale
- 03/08/08 01:56 PM
Finding the Great White Whale is important to me. I have spent some time now working with buyers and sellers in the REO bank owned properties arena. The Great White Whale is the infamous twenty billion dollar tape. Finding a legitimate product under 1 billion dollars is not hard. There are many REO tapes in this range that are legitimate and will go to closing. Those of us that have been in the industry long enough realize there are many people we call intermediaries doing the same thing; Chasing the Great White Whale. Many also realize that the actual players … (14 comments)
Finding the Great White Whale is important to me. I have spent some time now working with buyers and sellers in the REO bank owned properties arena. The Great White Whale is the infamous twenty billion dollar tape. Finding a legitimate product under 1 billion dollars is not hard. There are many REO tapes in this range that are legitimate and will go to closing. ;)
;)
