Updated over 8 years ago on . Most recent reply
REO First Time Home owner
Hey Everybody!
My fiance and I have been approved for an FHA-203k loan. We are actively looking for a 3/4 unit in Worcester-Framingham-Milford area Massachusettes.
I heard Sunny Burns (show 210) talking about REO properties having a period where they were being exclusively shown to first time home owners. Any idea if this holds true to MA? Any thoughts on how to get started?
We've hooked up with a realtor in Hopkinton MA already (near my work)
Thanks for your help!
Most Popular Reply
@Account Closed
A realtor in FL just told me about a property there that is an REO. It has a "first look" on it meaning that only offers from first time homebuyer's can make an offer in the first 20 days. After that, the seller will open it up to investors etc.