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Local Info in 91362 : Real Estate Advice

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Bonnie Sterl…, Real Estate Pro in Simi Valley, CA
Tue Aug 11, 2009
Bonnie Sterling answered:
Hi Kam,

I am the local RealtyTrac representative. RealtyTrac is the nations largest foreclosure web site. Because I represent RealtyTrac locally and have for the last three years or so, I have the opportunity to successfully represent many buyers in REO purchases. So, I would be happy to work with you when I am back in my office on August 17th. If you need assistance before then, I would recommend contacting Ted in my office, he also lists REO's and is a very active and attentive Realtor.

Just a note, I strongly discourage buyers from only looking at REO's. While approximately 75% of my buyers purchase REO's last year, I strongly recommend that you set your criteria and look at every property that meets your critieria. Bank properties are not always the best deal, they are not always managed by the most motivated Sellers and you will definetely be limiting your options in this market too much.
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