Bank Repos – REO

The Bank Repo Photos You Don’t See

What you see on the Internet are usually the best photos of properties the Realtor can get, especially when it comes Bank Repos. Most agents, including myself, will typically leave out the photos that don't look good (do you really need to see a vertical shot of the bathroom vanity...). However, where there are major problems, I think you, the buyer, should know, so you aren't wasting your time. The photo...

6 Steps to Successfully Buying an REO Bank Repo by Aaron Zapata, Zapata Group with Prudential CA Realty

1. Act Fast. Banks price their homes to generate a lot of activity in the first seven to 10 days. Make sure to submit your offer right away. 2. Write a good offer. Banks are smart and they expect to get the highest price for the property compared to its condition and location. If it’s a great property and in great condition, make a great offer. The banks want to know A) How much money will they get and...

The sun has risen and the shadows are fading on Orange County Real Estate

The sun has risen and the shadows are fading. The so-called shadow inventories of foreclosed homes have all but disappeared here in Southern California. As you can see from this map, the worst is behind us here in Orange County.  New England, however, is a different story.  Fortunately for us, we have better days ahead. This chart shows that OC will have 24-36 more months where we see distressed...

Occupy These Yorba Linda Bank Repo Home and Condos For Sale

Yorba Linda Bank Repo Homes and Condos for Sale Aaron Zapata, MBA, REALTOR® There are currently 10 Bank Repo REO homes and condos for sale in Yorba Linda CA.  Below is the list of the addresses and the prices. If you’d like to take a look at any of these condos or homes, please contact me today.  Bank repos are selling fast and some of these may already have offers on them. REO inventories have...

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