NEW Post: Things You Should Know Before You Flip A Property: DON’T DO THE WORK YOURSELF Unless you are a contr… http://bit.ly/bIwTqs #REO

NEW Post: Things You Should Know Before You Flip A Property: DON'T DO THE WORK YOURSELF Unless you are a contr… http://bit.ly/bIwTqs #REO – by GoIllinoisREO (Homer Gomingway)

As far as selling a bank-owned REO property, do the banks generally accept only the HIGHEST qualified offer?

Question by Happy day: As far as selling a bank-owned REO property, do the banks generally accept only the HIGHEST qualified offer? Regardless each bidder’s financial condition (down payment amount/ excellent credit score/ contengencies…)? For example: Bank’s target price is 0K. Two offers received from two possible buyers. Buyer A: Offer 2K, 5% down, credit [...]

If a bank received three offers with same prices on an REO property, how do the bank do?

Question by Happy day: If a bank received three offers with same prices on an REO property, how do the bank do? How do the bank decide which buyer to sell? Best answer: Answer by RealtorThey will do it with the ones that can obtain the better financing deal, close earlier, or has the best [...]

is there any way to find a listing of reo property without paying for it?

Question by teddybearlover22000: is there any way to find a listing of reo property without paying for it? Trying to find a listing of foreclosure property in Illinois that does not charge you to search. Best answer: Answer by tsm819It would appear that you are trying to invest in properties around the Chicago area. I [...]

Real estate, does banks sell the reo property for what was owed on it or what its worth after appraisel?

Question by Aintitthetruth: Real estate, does banks sell the reo property for what was owed on it or what its worth after appraisel? i dont understand why I see houses that are worth 100 000 or so selling for 10 000 or less. It makes no sense. Best answer: Answer by SmicklesNeither…. just as much [...]

Investing In Property? Try Foreclosure Home Listings – Realestate … http://om.ly/plaX

Investing In Property? Try <b>Foreclosure</b> Home Listings – Realestate <b>…</b> http://om.ly/plaX – by omersify (Omersify Marketing)

What is the best way to advertise property management services to foreclosure listing agents?

Question by Tara’s Problems: What is the best way to advertise property management services to foreclosure listing agents? I know a person who has a property management company. She wants to start working for foreclosure listing agents and to provide services such as rekey, trash-out, winterization, etc. To all you agents out there who specialize [...]

Courthouse Foreclosure Property Auction: DROdio Attends

We attended several courthouse auctions to highlight how the home foreclosure and auction process works. Includes extended commentary from auctioneer and interviews on auction process

Looking For An REO property in Hawaii? http://bit.ly/bkKa5i

Looking For An REO property in Hawaii? http://bit.ly/bkKa5i – by HawaiiREOsvc (HawaiiPP)

if a foreclosed property is in REO status can the bank still get a summary judgement?

Question by old fart: if a foreclosed property is in REO status can the bank still get a summary judgement? can the bank go after me with a summary judgement for payment of the mortgage balance if the house is not sold , and what if the house does not sell for years ? is [...]

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