Owen Zweiback, Real Estate Professional in Bonita Springs, FL Email Phone

Owen Zweiback

  • 1 Helpful Answer
  • 4 Answers
  • 9 Listings
Agent at Coldwell Banker Residential Real Estate
Experience:
Realtor for Coldwell Banker November 1998—present
I have been actively engaged in the real estate business in Southwest Florida and assisting…
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Specialties:
Individual &; Corporate Relocation
Beachfront & Golf Course Properties
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Certifications
& Awards:
Multi-million dollar producer
10 Years w/Coldwell Banker
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Interests:
Fishing & Boating
Sports & Football In Particular
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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
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