How long must I wit before bidding on an REO?

Asked by Peter Cardillo, 34481 Wed Jan 30, 2013

I have been told 8 days wait for owner occen up to 14days before investors can bidupant best and higest, th

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Antonio Vega…, Agent, Saint Cloud, FL
Wed Jan 30, 2013
Agree with Pamela, HUD also sometimes has a 3 day wait before accepting from owner resident, and then after 30 days opens to investors.
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Pamela Shemet, Agent, Crystal River, FL
Wed Jan 30, 2013
Fannie Mae properties can restrict investors for the first 15 days the property enters the market. I am not aware of waiting 8 days for owner occupancy properties.
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