Property Q&A in Rocky River>Question Details

John Needham, Home Buyer in Rocky River, OH

Is this house still an reo property? I saw on http://www.reotransaction.com/ that is was.

Asked by John Needham, Rocky River, OH Tue Mar 31, 2009

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This question is about this property: http://www.trulia.com/homes/Ohio/Rocky_River/sold/761370-595…

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Answers

2
John:

Many people in NEO are looking at REOs and short sales, as they think that's the only way to get a good buy. During this recession, there are goods buys with homes that the owners need to sell for which you can get a good buy. For seller owned homes, buyers can always offer less than the list price. Many sellers are very motivated to sell at a price much less than the listing price, particularly those that are no longer occupied by the sellers.

Good luck!

Pat Pribisko
TEAM PRIBISKO
0 votes Thank Flag Link Wed Apr 1, 2009
This property is sold on February 11, 2009 for $90,000. There are so many websites out there that offer information and then don't do timely updates.


I hope this helps.

David Wakeman
Keller Williams Realty
david@wakemanrealtors.com
0 votes Thank Flag Link Tue Mar 31, 2009
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