March 2009

There are 1 blog entries for March 2009.

REO's Moving Quickly!!

Monday, March 23rd, 2009 at 11:48am. 610 Views, 0 Comments.

If you are a buyer looking to pick up a foreclosure, you have probably realized that it's not always easy! Over the past year, the Banks have gotten much better about pricing their listings from the beginning, as opposed to going through several price reductions before they get offers. While sometimes the property still needs to get reduced after hitting the market, many of them are getting several offers in the first few days.

It's important for potential buyers to realize that moving quickly is essential right now if you expect to have a shot at a newly listed foreclosure. I have had clients who really loved a property that they saw, but they wanted to show two or three different people before they made a decision. A week goes by and by,  then there…

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