bank-REO

Commentary

Foreclosures Matter! How Foreclosures have affected homeowners, investors and the economy

by Joshua Dorkin | November 28, 2007

I was reading a post by one of my favorite real estate bloggers, Pat Kitano, about how bloggers seem to be ignoring the foreclosure business, and I was a bit surprised. It seems that many of the other blogs out there have decided to play down the problem or feel that there isn’t a problem [...]

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Foreclosures

Making Offers on REO – Real Estate Owned – Foreclosure Properties

by Joshua Dorkin | July 14, 2007

A new member to our real estate forums recently inquired about putting offers in on REO (Real Estate Owned) Properties. The property he was looking at was listed with an agent for 388,000. Upon doing some research, he found that the home had a 83,000 balance on the original mortgage. In making an offer, he [...]

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