Here Come the Foreclosures!
According to an article on Inman News this morning, we’re about to have an influx of bank owned homes hit the market. These are homes that have already gone through the foreclosure process, are owned by the banks, and are being listed for sale. Here’s the original article:
http://www.inman.com/news/2009/01/26/banks-unleash-flood-reos
I’ll get back to our Bank Owned Properties Series here shortly. This news was just so timely I wanted to point it out. If you’ve been following along and are in the market for a house, you might get a chance to test out those reasons to consider or stay away from bank owned homes sooner rather than later!
