Sunday, January 11, 2009

Foreclosures

It's been a while...With the holidays it's easy to get caught up with work.

Let's talk foreclosures aka (Real Estate Owned or REO's). There are a ton of new construction REO's. I've been taking a few of my clients to see. Priced in below the $250,000...good deals. Most just need a good cleaning. So for those who don't know, REO's are properties that were taken back from the bank since they couldn't sell through short-sale or auction. They are usually placed back on the market with a realtor at a discounted price.

Anyone interested in viewing some of these REO's let me know... Mostly all are vacant and easy to show. I'll be more than happy to show.

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