Sunday, March 22, 2015

The Problem is in the Resale of Former REO Homes

This is not a particularly good period of time in which to specialize in selling REO homes as an REO agent.






That’s because the number of REO homes on the market has been dwindling and the foreclosure numbers are falling. There is an increasing number, however, of former REO homes coming on the market, homes that were purchased from the bank by buyers, without any disclosures and without repairs.



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The Problem is in the Resale of Former REO Homes

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