It is very important that your Realtor knows the vast difference between a REO, a bank owned property, and a normal listing. If your Realtor isn’t aware of the differences between the two, you could end up losing your money, or worse yet, the property you desired to purchase. Let me explain how this could happen. Continue reading
In one of my latest home sales, I had some bizarre issues with a REO regarding per diems and funky delays. I hope this quick tale spares someone else out there a bit of grief. Continue reading
Buying a bank owned (REO) property is a much different process than a traditional listing and it is imperative that your Realtor know the difference. If your Realtor is not aware of the differences, they could not only cause you to lose the property, but also cost you money in the process. Let me explain. Continue reading
I just had the REO from heck nightmare with some insane per diem issues. I anted to spread the word of caution around to anyone who is listening. Continue reading
Recently I got into a bit of a hassle with some REO per diem ridiculousness and delays. I thought it might help someone out there to share a bit of the details. Continue reading