Let me know if I can be of assistance!
Most REOs have the AS IS clause which make them far more risky a purchase. The seller, who in this case is the bank makes no representation as to the soundness of the construction or if there are any material defects with the home. In other words you could be buying a "money pit".
If you are seriously considering the purchase of an REO or Bank Owned property you most definitely need the assistance and knowledge of a licensed REALTOR AND a licensed home inspector. I am happy to assist you and can refer you to a real estate agent who is LOCAL to El Monte/Baldwin Park area. That is the best way to find out about the area and any other issues that the REO owner won't be able to tell you.
Please feel free to contact me via my website below!
Long Beach, CA