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Commercial REO is a Risky Business

By
Real Estate Broker/Owner with Smith Real Estate Services, Inc. BRE #01381095

The September 2009 issue of DS News, the publication dedicated to the default servicing industry, makes some startling statements about the commercial REO's that are coming on the market.  It states that residential REO companies are beginning to get commercial REO's and they are turning to their existing network of residential brokers for the disposition of these asset.

In a traditional market, when it came time for the disposition of commercial real estate...

The rest of the story...