Owen Zweiback

  • I'm a:
  • Real Estate Pro
  • Pro type:
  • Agent
  • Company:
  • Coldwell Banker, Florida
  • Location:
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  • Phone:
  • (239) 992-0059
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Owen Zweiback, Real Estate Professional in Bonita Springs, FL
  • 4 Answers
  • 2 First Answers
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Owen Zweiback's Questions (0)
Owen Zweiback's Answers (4)

Why is it so difficult to buy an REO?

Owen Zweiback answered:
Hey Milwaukee:

Yes, we have all had our difficulties dealing with these sorts of offers. I've found that the short sale process is absurd and many sellers haven't been pre-approved for short sale. The foreclosure side of the market seems to move much more swiftly.

I have sold both and while the short sale took many months and challenges and answers similar to what you stated, the foreclosure took on 2 days and a closing in 30 days.

The banks have ever changing policies and are inundated with challenges so unless you find a broker and agent who are familiar with the dealings of distressed and bank owned properties; you'll be "hanging in there" for a long time and with no answers.

Let me know if you'd like a contact of a broker/agent in Milwaukee to help you sort out the options.

Best regards,

Owen Zweiback PA, GRI, Realtor, e-Pro
Coldwell Banker Residential Real Estate
800-547-3019 Toll Free Office
239-269-3077 Cell - Wed Nov 26 2008, 11:48
Owen Zweiback answered:
Generally you can not. But there are terms within the contract that state for such events.
A real estate attorney would be the solution.

Good luck! And Happy Thanksgiving! - Wed Nov 26 2008, 11:26

Possible to make an offer before selling current home?

Owen Zweiback answered:
Ashley: You certainly can make offers on a home purchase with an added contingency for you to sell your home. However, most sellers don't like taking their home off the market while waiting so you'll want to price your current home extra well to satisfy a more quick sale. You might also allow the seller to continue to market the home and enter into backup contracts.

I have a great contact in your home area. Feel free to let me know if you'd like further assistance.

My contact information is below

Owen Zweiback PA, GRI, Realtor, e-Pro
Coldwell Banker Real Estate

239-269-3077 Cell
800-547-3019 Toll Free Office http://www.floridamoves.com/owen.zweiback Personal Website
http://activerain.com/blogs/realtoro Personal Blog - Mon Nov 24 2008, 07:23
Owen Zweiback answered:
Hey Zach: I've found that adding bonus money to the buyer's agent doesn't help much in selling the property for a greater amount of money or more quickly. What I like to do instead is offer some perks to the buyer themselves. I also have found that incentivizing the buyer's agents w/ a little higher co-broke offering works better than the bonus. - Fri Jun 6 2008, 05:57
My Listings
23751 Merano Ct, Bonita Springs, FL 34134 23751 Merano…
$545,000
3 br  3 ba  
9208 Estero River Cir, Estero, FL 33928 9208 Estero…
$225,000
4 br  2.0 ba Listing Web Site
4742 Jackfish St, Bonita Springs, FL 34134 4742 Jackfi…
$149,000
    
20801 Hammock Greens Ln, Estero, FL 33928 20801 Hammo…
$199,000
2 br  2.0 ba Listing Web Site
View all 4 listings
Specialties
Individual &; Corporate Relocation
Beachfront & Golf Course Properties
Investement Properties & Activities
Gated & Non-Gated Communities
Experience
Latest:
Realtor for Coldwell Banker
I have been actively engaged in the real estate business in Southwest Florida and assisting seller's and buyer's to successful closings on a full time basis
November 1998—present
Certifications & Awards
Multi-million dollar producer
10 Years w/Coldwell Banker
GRI, Graduate Realtor Institute
E-Pro
Interests
Fishing & Boating
Sports & Football In Particular
Politics
Reading
Cooking
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