what’s the story with these homes? are they already taken back by the lender or is it just the lenders way of protecting their interest?
Yes, usually homes that are winterized have been taken back by the lender.
Am I missing something? I’ve never associated winterized homes with Bank REOs. Any vacant house should be winterized during the cold season.
the homes i’ve visited are heading for foreclosure. they are vacant and there’s a sticker on the door saying winterized. i believe this is done by the lender, but i am unsure if they can do this before it’s actually taken back by them.