Real Estate Owned (REO)

What Happens If I Can’t Get My Mortgage Approved Until One Week Before Closing?

April 23rd, 2012 \\ Ask a REALTOR®, home buying, Real Estate Owned (REO)

Q: Will I lose my earnest deposit for putting in a contract on a Fannie Mae REO that I want to buy, [...]

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Can An REO House Be Rent To Own?

March 13th, 2012 \\ Ask a REALTOR®, home buying, Real Estate Owned (REO)

Q: The house that we are interested is listed with an agent but it is owned by Freddie Mac. Is there still [...]

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Can An REO House Be Rent To Own?

March 13th, 2012 \\ Ask a REALTOR®, home buying, Real Estate Owned (REO)

Q: The house that we are interested is listed with an agent but it is owned by Freddie Mac. Is there still [...]

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Can A Realtor Sit On An Offer For An REO Home Without Submitting It?

March 10th, 2012 \\ Ask a REALTOR®, home buying, Real Estate Owned (REO)

Q: I recently submitted an offer on an REO house with an expiration so we could hear back quickly and avoid a [...]

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Can a Real Estate Agent On A Bank-Owned Lot, Reject An Offer If The Bank Wants A Pre-Qual Letter From The Builder/Buyer?

February 27th, 2012 \\ Ask a REALTOR®, Real Estate Owned (REO)

Q: My builder put in a full price offer on a bank owned lot, the bank wanted a pre-qual letter from the [...]

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Is Now The Time To Invest In REOs?

December 28th, 2011 \\ Ask a REALTOR®, home buying, Real Estate Owned (REO)

Q: With 2012 poised for another drop in home prices, should investors purchase REOs? If so what markets are the hottest to [...]

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Will The Bank Let Us Swap Homes in An REO Sale?

December 13th, 2011 \\ Ask a REALTOR®, home buying, Real Estate Owned (REO)

Q: My wife and I are interested in a REO owned by from what we can tell a bank. We need the [...]

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How Much Should I Bid On An REO Home?

September 30th, 2011 \\ Ask a REALTOR®, home buying, Real Estate Owned (REO)

Q: I am looking at an REO home that is listed for $129,200. What should my opening bid be? The mls # [...]

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People Are Snooping Around The Bank-Owned Property Next Door, What Are My Rights?

August 23rd, 2011 \\ Ask a REALTOR®, Real Estate Owned (REO)

Q: The house next door to me is a bank owned property. The price has been reduced several times and has been [...]

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I’m Interested In Mowing REO Lawns, How Do I Get Started?

July 18th, 2011 \\ Ask a REALTOR®, Real Estate Owned (REO)

Q: I am interested in mowing lawns for REO properties, but don’t know where to start looking. Can anyone enlighten me on [...]

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