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Bank Owned Nightmare

By
Real Estate Agent with MagnumOne Realty CA BRE Lic. # 01418097
We just lost out on a great house because of how an overworked agent manages her bank owned listings. Check out my weekly column at Rocklin & Roseville Today, "Buying bank owned can be a pain!"

Comments(4)

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Marsha Benya
Century 21 New Millennium - La Plata, MD
Great Article  Thanks
Apr 30, 2008 02:46 AM
Steve Loynd
Alpine Lakes Real Estate Inc., - Lincoln, NH
800-926-5653, White Mountains NH

Julie

 Sounds like the agent bit off more than they could chew, that is unfortunate for all parties concerned, especially a buyer that was right for the place. It's no wonder these properties devalued, when you can't sell them to someone who wants to buy them.

Apr 30, 2008 02:58 AM
Konnie Mac McCarthy
MacNificent Properties, LLC - Cobb Island, MD
Broker/Owner - VA & MD "Time To Get A Move On!"
this is happening all over...these bank owned agents are taking too many listings....and they can't handle them..        
Apr 30, 2008 03:42 AM
Ron Tarvin
Residential, Investment properties, rehab projects, property management, luxury homes, new construction! - Katy, TX
Broker, Katy, Houston, Cypress 77450,77494,77095

Yes, Konnie, but just try to get any of them to give up a listing...HAHAHA!

Great to see ya again Julie!

May 01, 2008 01:58 PM