Friday, May 7, 2010

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RealtyTrac (logo) Monthly Newsletter
May 2010  
Top Story of the Month
Banks Have the REO Market Locked Up
Banks Have the REO Market Locked Up
Homebuyer Jay Schurman concluded that "banks are not in the real estate business" after a marathon REO purchase in 2008. Nearly two years later lenders are much savvier about selling bank-owned properties, and their newfound know-how is grounded in the basics of supply and demand.
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7 Tips for Buying REO Properties
With the number of bank-owned REO properties expected to rise significantly in the coming months, we're offering you 7 Tips that can help you more easily and more quickly snag a bank-owned property.
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