Asked by Nannette, 91706 • Thu May 22, 2008
another offer on another property at 10k over list price ( i know its also all dependent if they would accept my contingencies) this is three weeks in between and they are both REO!!! none have responded yet and its been almost a month. is there any standard guidelines on processing REO's? with an FHA loan we feel it is more secure for the bank and probability of acceptance is more advantageous, but most of the houses in the area we like are all messed up!! is there anybody who is good on REOs? and any listings we could find on the web that are FHA approved? Help!! we feel we are running out of time!!
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