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Re: Foreclosure agents

Posted by BTI on June 09, 2009 at 8:58 AM

In Reply to: Re: Foreclosure agents posted by AquariusDawnCA on June 01, 2009 at 2:24 PM

Kent

Apparently your talking about REO properties. So I suggest you locate the REO agents and do business with them directly. They like not sharing the commission with a buyers agent and will know about a property before it hits the MLS.

Now as Dawn seems to be suggesting I would not limit my hunt to post-foreclosure properties because not all of them are upside down pre-foreclosure, or if they are you may be able to short sale and get the same results as buying REO. .

I was a real estate broker and investor specializing in property west of the El Camino in Santa Clara County for years, as a matter of fact I flipped a Cupertino property last year and I haven't been in the state for 5 years now.

Planning to return, just don't have a clue when. What is your goal, is this a personal residence or an investment to resale?

BTI


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