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Making an Offer on an REO

Once you find a property you’re interested in, you’ll make an offer either directly to the lender or through its agent. Your offer is similar to what you’ll make on any property. But you must be sure that you include specific demands such as the following. [Read more…]

How Do I Find Properties in Default? (2)

Sometimes properties in default are not listed. Hence, either you’ll have to do all of the work yourself or pay a buyer’s agent directly. The sellers may not want to or be able to pay an agent’s commission themselves. [Read more…]

How Do I Find Properties in Default? (1)

They are advertised in legal newspapers (ones that carry legal notices) within the local county. Usually every major city has one. If your city does not have one, there are some other methods used to advertise legal notices. Check at the county courthouse and recorder’s office to find out how it’s done in your area. [Read more…]