Foreclosure in 93004 : Real Estate Advice

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Scott Godzyk, Real Estate Pro in Manchester, NH
Scott Godzyk answered:
Trying to buy REO. Owned by DEUTSHEBANK. Offer accpted but now listing agent says FanieMae has to approve it. What's going on.
Ted in many cases now the mortgage was insured by the bank, in most cases it is is by either fannie mae or freddie mac. Fannie has teh choice to take the house and pay off Deutsche bank ... more
1 vote Share Flag Mon May 23, 2011 Foreclosure in 93004
Ted Mackel, Real Estate Pro in Simi Valley, CA
Ted Mackel answered:
What's the process in buying a bank owned home? There are many in my area I am interested in but need help. should i get qualified by a bank?
Kelly,

I felt it important to follow up as California Real Estate practice differs form other states. Title insurance here in southern California is customarily handled in the follo ... more
0 votes Share Flag Sun Apr 24, 2011 Foreclosure in 93004
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