BY LIONEL EMDERIPTIDE CORRESPONDENTIn the Pacifica Tribune (6-24-09) a local real estate agent ran a full-page ad in which one column was headed "Real Estate and Loan News." She asserts, among other things, that: "Inventory is Low ... Currently there are 47 single family homes for sale in Pacifica down from over 100 this time last year. ... Today there are only 4 bank owned properties on the market." But according to RealtyTrac, a Southern California company that tracks foreclosures, there were
Content Keyword RSS Main Content Bank Owned Properties, Foreclosure Houses, Foreclosures, Homes For Sale, Homes Sale, Houses For Sale, Houses Sale, Lionel, Loan News, Local Real Estate, Pacifica Tribune, Real Estate Agent, Single Family, Southern California Company
by Angela Kleneirtski REO properties are becoming a real commodity for both new and professional real estate investors. Also known as “real estate owned” these properties are returned to the bank after attempts have been made to sell the property through foreclosure auctions. REO can include multi-family or single family home properties, vacant land, farms and even commercial buildings. The most common conception with bank REO’s is that these properties are sold in pennies in a dollar which
Content Keyword RSS Main Content Angela, Attempts, Bank Reo, Commercial Buildings, Commodity, Conception, Foreclosure Auctions, Pennies, Professional Real Estate, Real Estate Investors, Reo Properties, Single Family, Vacant Land
by Angela Kleneirtski REO properties are becoming a real commodity for both new and professional real estate investors. Also known as “real estate owned” these properties are returned to the bank after attempts have been made to sell the property through foreclosure auctions. REO can include multi-family or single family home properties, vacant land, farms and even commercial buildings. The most common conception with bank REO’s is that these properties are sold in pennies in a dollar which
Content Keyword RSS Main Content Angela, Attempts, Bank Reo, Commercial Buildings, Commodity, Conception, Dollar, Foreclosure Auctions, Pennies, Professional Real Estate, Real Estate Investors, Reo Properties, Single Family, Vacant Land
