reos in pa: Investors buying foreclosures? Is this a good thing or a bad thing?
- 04/04/10 03:03 PM
One on my respected colleagues on Active Rain, Renee, posted a very thought provoking blog (at least thought provoking for me) at http://activerain.com/blogsview/1582335/las-vegas-nv-area-reo-is-not-disappearing-it-s-just-emerging-as-another-life-form- This post which is followed by others comments had me asking, "Investors buying foreclosures before the bank takes them back - is this good for the marketplace or bad?" As both a realtor and investor, I probably have a built in bias, but here are my thoughts and I would be interested in your thoughts and viewpoints. I am also sure the process for these properties being sold vary from state to state, so I will talk about … (9 comments)
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One on my respected colleagues on Active Rain, Renee, posted a very thought provoking blog (at least thought provoking for me) at http://activerain.com/blogsview/1582335/las-vegas-nv-area-reo-is-not-disappearing-it-s-just-emerging-as-another-life-form-
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