San Diego Bank Owned Homes (REO)
Is a Bank Owned Home (REO) Safe to Buy? Bank owned homes, usually foreclosures, are also called REO’s. REO is a term that actually means “real estate owned”, and is an old term the banks have used for years to describe the homes they have taken back in foreclosure. In the past this term was…Read More »
Vista Homes – Short Sale Highlight
Buy This Home In Vista Here’s how to buy this home: This is a short sale. Short sales mean that the seller of this home generally owes more to the bank than what the home will sell for. The owner of the home goes to the bank and asks permission to try to sell at…Read More »
Bank Owned and REO Homes
The foreclosure process is a complicated and lengthy one, with many financial, social and tax issues to contend. It is important, then, to work with highly skilled professionals when buying a bank owned or REO home,
Fear A Short Sale
I am updating this post that I first published in 2009. Since that time various attempts by the government to step in and fix the mortgage situation has resulted in what appears to me to be an abject failure. Borrowers who were deceived continue to be discounted. Borrowers who tried to take advantage of…Read More »
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