Thursday, August 5, 2010

banks slashing prices on REOs

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August 2010  
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Rehabbing REOs
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Attention foreclosure buyers: Lots of roughed-up repos are yours for the taking. From the hills of San Francisco, Calif., to the sands of Cape Coral, Fla., repo rehabbers are snagging discounted digs before the sector snaps back. Desperate banks, anxious to shore up their depleted balance sheets, are slashing prices and accepting lowball offers.
What are REO rehabbers doing? Read More (button link)
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