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All Forum Posts by: Aaron Kennedy

Aaron Kennedy has started 1 posts and replied 3 times.

New Member Introductions

Post: buying a foreclosure or REO property with FHA loan in Los Angeles

Aaron KennedyPosted
  • Los Angeles, CA
  • Posts 3
  • Votes 0

Thanks so much for your detailed response, Clarence!  Sorry for the late reply.  Haven't signed on for a month. I'll keep this post in mind and I may reach out!  Things have obvi changed with COVID, so gonna wait and see.

0 Votes
New Member Introductions

Post: buying a foreclosure or REO property with FHA loan in Los Angeles

Aaron KennedyPosted
  • Los Angeles, CA
  • Posts 3
  • Votes 0

Ok, this lines up with what I've been told.  Thanks so much!

0 Votes
New Member Introductions

Post: buying a foreclosure or REO property with FHA loan in Los Angeles

Aaron KennedyPosted
  • Los Angeles, CA
  • Posts 3
  • Votes 0

HI, I'm looking to buy my first home and I've been told that it will be impossible to purchase an REO property with FHA because all of these properties sell to cash buyers. Are there properties that the banks have owned for several months and haven't sold? Wouldn't these be more likely to sell to someone like myself?

0 Votes