Talmage, Paul
What is REO foreclosure? If the home doesn’t get a satisfying offer at auction, the lender or mortgage owner (which can be a bank or a government entity like Fannie Mae, the U.S. Department of Agriculture or HUD) takes possession of the home, making it an REO, or real-...
one of the wild cards for housing stabilization is whether banks slowly and methodically put their REO-properties on the market over the next few years, so as not to overwhelm supply, or instead speed up the process to get the properties off their books faster, as was more common in 2008...
“My advice is very basic. Never forget in the end, it’s about cash-on-cash return. Real estate is an investment vehicle. Don’t fall in love with the property – fall in love with the deal. And don’t listen to anyone who tells you it’s about location, location, location. That...
An experienced real estate professional who isknowledgeable and up-to-dateregarding the local real estate market. These very things have helped me build a remarkable track record delivering results for my home buyers and sellers.Nothing is more exciting than helping folks meet their real estate need...
When was Diamond Reo Trucks created? Diamond Reo Trucks was created in 1967. What is a couch in te reo maori? hōpa is the te reo maori word for couch. How do you buy an REO home? Best way is to find your local REO broker/ real estate agent. Getting an experienced agent in...
Areal estate owned property, or REO, has reverted back to the lender due to nonpayment of the mortgage. The lure of buying a home or property at below-market value makes REO properties an exciting prospect. Understanding whatforeclosureand REO properties are all about is key to finding and ...
A non-REO foreclosure is different from areal estate owned foreclosure (REO). A non-REO foreclosure becomes a real estate owned foreclosure when an auction occurs, but no buyer comes forward with an offer that meets the minimum bid. With an REO property, the lender takes ownership and the b...
Addendums define information relevant when using contingencies, such as one relating to the buyer’s ability to obtain proper financing or a real estate-owned (REO) home sold as-is. Addendums vs. Amendments When an addendum alters a previously signed arrangement, it is known as an ...
Research real estate agent duties and responsibilities Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity. Manage extremely complex REO and short sale transactions, coordinating sellers, buyers, and lenders in order to complete them. ...