real estate owned Tag

03 Jun Patience Is Key for a Successful REO Escrow

Posted at 00:00h in Escrow

0 Likes

In a previous post, the nuts-and-bolts differences between REO (Real Estate Owned) escrows and standard escrows were discussed. This post is designed to highlight a significant psychological difference that can help you and your clients successfully navigate the REO terrain: patience. For a number...

27 Aug Key Details Which Will Impact the REO Escrow and Closing Process

Posted at 00:00h in Escrow

0 Likes

Buying an REO (or Real Estate Owned) property is a little different escrow process than your standard home sale. REALTORS and buyers need to remember that they are in escrow with a bank/lender (the "seller") and that the bank/lender has strict procedures in place to...