There may come a time when you are faced with a crisis, something that puts you and your family at an uncomfortable financial risk. This could be something from job related to medical related, but none the less, you are losing sleep over the future. In the past you may have relied on your home [...]
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The short answer, the Bank does. The long question, when buying a Bank Owned Property (REO), why can’t I get the terms that I want? This comes up again and again. To get the best price on a property, you will have to give some consessions. Title Warranties, terms, conditions, repairs, etc. Over this busy weekend, I found some time to socialize with some of the area agents. In one of the side discussions that we had was around short sales. This is pretty fresh in my mind because on Saturday I showed a couple from out of town 18 properties, several of which were short sales. I’ve [...] |
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