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Updated about 10 years ago on . Most recent reply

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52
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Gary Freidman
  • Bayonne, NJ
6
Votes |
52
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Is This A Good Deal from an REO "Consultant"?

Gary Freidman
  • Bayonne, NJ
Posted

Someone recently contacted me and wanted me to pay him for an introduction to an REO company so I could bid on properties before they went to auction but this person would charge me thousand of dollars in fees on top of the price of the REO. Is this worth it? Couldn't I just contact the REO company myself or use one of the many auction sites to just big on the property?

Most Popular Reply

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23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,510
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23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

You're Not going to get any advance looks at reo's before they hit the market.  This would be a complete waste of money.

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