Re: REO listings

Posted by steele in minnesota on March 21, 2008 at 15:14:37:

In Reply to: Re: REO listings posted by Julio Martinez-Clark on March 21, 2008 at 14:33:59:

Again, I would gently disagree with a couple of basic points made. One, there are good deals out there. Perhaps not the rape and pillage some of the investor gurus would lead you to believe (sorry for the language)is available, but good deals nevertheless. Second, banks are very easy to work with. As long as you know the process and how it works.

That is where having an agent who works with REOs on a regular basis is important. You have a guide. Unfortunately, most real estate people are not skilled in this area.

You can call your local companies and ask the managers if they have specialists in this area. Then interview them to see their experience and knowledge.

Best of luck.

Oh, most of the national sites out there are lousy. Better to find an agent who collects this kind of data.

Follow Ups:


Name    : 
E-Mail  : 
Subject : 

Comments:

 

      The "Reply" function is disabled for older messages.
Please visit the Foreclosure Discussion Board for current discussions.