I had the pleasure of joining 3,000 fellow real estate agents earlier this week as we converged in Palm Desert, Calif. for the spectacular Spring 2009 Reomac Conference. There I gained the latest insider news on successful short sales, foreclosure inventory, loss mitigation and a host of other hot real estate topics that will strengthen [...] Read more »
Mark’s Insider Notes From the Spring 2009 Reomac Conference
Written by Mark Shandrow on April 8, 2009
Top 5 Benefits of Buying a Bank-Owned Home
Written by Mark Shandrow on March 5, 2009
1. More home for your buck. How? By taking advantage of potentially lower interest rates and dramatically lower prices, two ways in which banks entice buyers to take a losing asset of their hands—fast! Bank-owned (REOs) and foreclosed upon properties average discounts between 20% and 25% off their overall retail value. Buying the property “as [...] Read more »
