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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] You guys are right. Best to stay away from REOs (nt) Posted by The REO Buying Machine on November 23, 2009 at 6:51 PM In Reply to: Re: Short Sales vs. REO's vs. Trustees Sales.... posted by analyst on November 23, 2009 at 4:32 PM : : Rob & SenecaTrust...thanks for weighing in. A step further... : : Seems like to me Short Sales/REO's would be less profitable than TS. : : My theory is that any property listed on the MLS (the shopping mall of RE) : : with full market exposure for probably 30 days or more is going to be sold : : much closer to retail prices. I can't see how that wouldn't be true (help me)! : Certainly short sales and REO's would be less profitable, unless there are people breaking rules to cause the property to be sold for less than it is worth. : Certainly people are breaking rules. Follow Ups: Re: You guys are right. Best to stay away from REOs (nt) Yeah, riiiigggghhht! 11:34 AM, 12/04/09 (0) Re: You guys are right. Best to stay away from REOs (nt) Anybody? 7:08 PM, 11/23/09 (1) Re: You guys are right. Best to stay away from REOs (nt) analyst 8:26 PM, 11/23/09 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : : Rob & SenecaTrust...thanks for weighing in. A step further... : : : Seems like to me Short Sales/REO's would be less profitable than TS. : : : My theory is that any property listed on the MLS (the shopping mall of RE) : : : with full market exposure for probably 30 days or more is going to be sold : : : much closer to retail prices. I can't see how that wouldn't be true (help me)! : : Certainly short sales and REO's would be less profitable, unless there are people breaking rules to cause the property to be sold for less than it is worth. : : Certainly people are breaking rules. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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