How To Buy A Lender REO Foreclosure

Posted on April 4, 2009
Filed Under Foreclosed Properties |

Welcome to How to buy a Foreclosure video series. In this video series I explain One of Five ways to buy REO’s. REO’s are Real Estate properties owned by a Lender. Why would a lender take a loss and work with you to buy a property under market value? Because lenders are not in the rental property or property owning business. If a lender has a large backlog of unsold foreclosures. Such as new homes, unfinished homes, condos or even apartments. That lender is losing money very fast. If the …

Duration : 0:4:50


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Comments

3 Responses to “How To Buy A Lender REO Foreclosure”

  1. catttaylor on April 4th, 2009 1:47 am

    Do you know anyone …
    Do you know anyone who has done this recently, or at all? It’s an interesting idea, but does it really work?

  2. Beingreal40 on April 4th, 2009 1:47 am

    worth less
    worth less

  3. OutburstRecordsInc on April 4th, 2009 1:47 am

    Great advice
    Great advice

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