ARCHIVED BLOG POSTS
2009
4
Comments
It seems as if all buyers want to buy a foreclosure...the idea that purchasing a REO will always be a lucrative deal is widespread. However, when too many buyers go after the same REO, what results is a bidding war--and no deal (purchase below market value) for the buyer. Buyers are stunned to ...
05/22/2009
2
Comments
Is it just me or is every deal full of hurdles nowadays? Every deal I've had in the past year has had some problem or two, delay(s), added addendums, renegotiations, etc. From financing to special addendums required by owners (banks), I'm sweating the details more than ever. Throughout, I nee...
05/17/2009
2
Comments
It has been more than 90 days since Obama was inaugurated. And more than 90 days since we've had a REO moratorium. In Southeast Florida, the only properties on the market are those that are either a short sale, a foreclosure or, if the listing is a regular (seller initiated, non-distressed) sal...
05/11/2009