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Updated about 10 years ago on . Most recent reply

acquiring unlisted properties (reo's)
Every good REO property I've come across (I use mostly use county clerk, tax collector and property appraiser sites) are not yet listed on the MLS. I find it impossible to believe that I can not make an offer on these properties until they become "available". I read a great article recently,
about foreclosed properties sitting in limbo. Is it actually true that a bank would rather sit on a toxic underwater note than get it out of their hair? I'm pretty new to the scene, so forgive any ignorance.
Most Popular Reply

Wayne Brooks
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
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Well, believe it. You won't be buying any unlisted REO's.