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Larry Hodel's Blog

By Larry Hodel | Agent in 91709

Should I Buy a Bank Owned (REO) Chino Hills Home or Real Estate?

Should I Buy a Bank Owned (REO) Chino Hills Home or Real Estate?

If you are interested in buying a Bank Owned (REO) Chino Hills Home or Real Estate, there are important factors to consider:

Bank Owned (REO): These listings are owned by a Bank/Investor and are usually competitively priced. These listings close fast and the Bank/Investor usually wants a sale in approximately 30 to 60 days. Also, today the trend for many of the asset management companies is to have the properties in good condition prior to putting them on the market, and are sold “As Is”. The number of REO’s on the market has dropped recently and can represent good values for all types of buyers.
Larry Hodel, Realtor
First Team SnS Real Estate, Chino Hills, CA
(909) 210-6355
DRE 01442093

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