BANK OWNED (REO) BUYING TIPS!
Posted by admin in Condos Thursday, 16 September 2010 01:46 10 Comments
Things you need to know, before, you make offers on bank owned properties.
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Thank you for your videos. I have buyers but I don’t know how to get a “proof of funds”. I am a buyers agent and I have over 10 buyers and an attorney but the bulk reo company’s need a POF. How do I show this so I can get these homes at $2500 per door? thank you
@777Thinking ,
Thank you very much for the kind words. Have a fantastic year. Fred Eckert
You are brilliant!!! I thank you very much!!!
Kindest Regards,
Social Scientist Tyler Lord Hamilton,
CIC, AA Sociology, BS Criminal Justice, BA Sociology, MA Political Science/Ph.D. (forth-coming)
ourbusinessplan,
Thank you for the feedback and I am glad it was helpful. Have a superb weekend.
Great info
@gigio05 ,
I would contact the Regional VA office in your area. There should be a housing counselor to advise you. Many Lenders and Realtors also know the VA procedures. You can also call Ken Bates, a friend and VA specialist at 619.422.5900
Great information! I’m a veteran trying to put an offer with a VA loan in So. FL, I have heard the VA has many restrictions specially with short sales/foreclosures… is this true? how does it differ besides the no PMI, no down payment? Thank you in advance!!!
Tuumz,
Thank you for the feedback and you are most welcome. Have a wonderful 2010Fred
Good Information Sir..Thanks for posting it
Thanks again Fred.
Gary.Indiana.