Question Details

Sam, Home Buyer in California

When buying a reo is it better to go with the seller agent or find another?

Asked by Sam, California Sun Jan 18, 2009

Agent tried twice with my agent no luck yet. Witch way is better an easier?

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I agree with Michelle. With REO properties the bank is usually selling 'As-Is' and you as a buyer should do a lot of investigations into the conditon of the property, permit status, neighborhood etc . . . This requires a really dedicated Buyer's Agent that has only your best interests in mind.
0 votes Thank Flag Link Sun Jan 18, 2009
You should always have your own representation to protect your interests. A Seller's Agent's first duty of loyalty is to the seller, not the buyer.
Web Reference: http://www.mpetersesq.com
0 votes Thank Flag Link Sun Jan 18, 2009
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