We apologize, but the forums are closed for new posts. Click Here To Join The Unemployables Facebook Group

Welcome, Guest. Please login or register.
December 06, 2022, 09:49:24 pm
Home Help Search Calendar Login Register

Welcome, Guest. Please login or register.
December 06, 2022, 09:49:24 pm
Home Help Search Calendar Login Register

Author Topic: Any Luck with REO  (Read 1604 times)

Offline shari59

  • Member
  • *
  • Posts: 2
Any Luck with REO
« on: February 21, 2007, 10:11:53 am »
Has anyone tried buying REO from sites like RealtyTrac? Should I be looking at these and can they be assigned? I need to start somewhere.

Offline LoriK

  • Member
  • ***
  • Posts: 413
Re: Any Luck with REO
« Reply #1 on: February 21, 2007, 10:58:53 am »
General consensus seems to be that realtrytrac is outdated.  If you want REO properties, try finding a local RE agent that specializes in them. Or just a good agent who will look for them.
Buying foreclosures sight unseen can be very scary.  You might end up with one that looks good on the outside, but is a slanty shanty inside - costing  you a lot of money.

You can also check here http://www.thedirectoriescompany.com/reos.htm  - click on each link and search for properties in your area. If they are there, you can pretty much go see them, since they will be listed with a realtor.

 




SMF 2.0.15 | SMF © 2017, Simple Machines