Question Details

Pauline,  in Midtown East, New York...

I want to buy an reo/ or do a short sale in Union City area is there a broker that specializes in these sales?

Asked by Pauline, Midtown East, New York, NY Sun Jun 8, 2008

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I am curious why you want to purchase a short sale or an REO? Short sales take 3 - 5 months for bank approval and sold in their present condition (no clearances). Bank owned/REO properties are also sold "as is" without warranties. Neither one of these are great deals. One would be better off with a motivated seller.
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1 vote Thank Flag Link Sun Jun 8, 2008
Pam Winterba…, Real Estate Pro in Danville, VA
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