Comments on: Benefits of Buying a Bank Owned Property (REO)

By: Annie

Annie — Wed, 05 Aug 2009 03:44:14 +0000

In most cases, the bank that owns a foreclosed home only requires a portion of the outstanding balance to reconcile the debt on a mortgage loan. This means that bank owned homes are generally available at up to half off the real market value of the property.

By: Real Estate Resource

Real Estate Resource — Thu, 24 Jul 2008 02:28:06 +0000

Excellent post. Yes those are the advantages in buying a REO properties. In REO you can avail the benefits of low property prices, low down payments and interest rates.

-Jan

By: Clifton Pape

Clifton Pape — Sat, 17 May 2008 21:28:19 +0000

Great informative post! This will be a growing section of the market place over the next several years. Investors need to take note of it and start doing thier research today so that they are ready. What a timely article!

By: REO Properties

REO Properties — Sun, 11 May 2008 02:15:31 +0000

This site may be of interest to some of you.
If it has not changed, it has some information on REO property.

http://www.reohud.org

Happy Investing

By: taylor

taylor — Sat, 03 May 2008 19:03:12 +0000

Great information, you have to be careful with reo’s, the bank sells them in as is condition, but you can realy get a good deal.

http://www.agentbrokerforum.com

By: Rob Lawrence

Rob Lawrence — Sat, 05 Apr 2008 22:48:25 +0000

Bank owned properties are one way to go, but don’t forget about FSBO’s and even turn downs on hard money deals. These properties are on the market too and oftentimes you can nab 1 at a great price below market. Anyway, that’s just my 2 cents.
Warm Regards,
Rob Lawrence

By: Home Financing For Bad Credit

Home Financing For Bad Credit — Fri, 04 Apr 2008 00:36:36 +0000

Nice article, I didn’t know that REO’s were sold in a bundle like that. I haven’t looked for one myself, but I thought they could be bought very easily by individuals, guess I was wrong.