Asked by Linda, Ventura, CA • Sat Jul 5, 2008
For example- an REO is priced at 299K but the house needs the entire kitchen redone - kitchen is partly torn up and cabinets, sink, etc are needed, toilets and sinks missing in bathrooms and flooring is needed to cover concrete slab. I woul dnot be able to move in right away. Or another example is an REO that has been listed at 290,000 for 4 months.
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