By Ninah Hunter on March 28th, 2012
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Are you looking for a deal in real estate? Then you are undoubtedly interested in foreclosures. Buying a bank-owned home or property is really not too much different than buying real estate from a private individual, except that the bank’s specific forms, terms and conditions of the sale will in many cases supersede [...]
By Ninah Hunter on May 1st, 2011
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Although I work out of my real estate office in Montrose, CO, I also live in Ridgway, Ouray County. I get the occasional listing or buyer looking in this area, which alway pleases me, since I love living here so much. Today, as I work from my beautiful home with the spectacular view of the [...]
By Ninah Hunter on July 21st, 2010
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We hear a lot about “foreclosures” and buyers and investors looking for “foreclosures” and real estate agents advertising “foreclosures.” In fact, what most of these people are referring to are REO (real estate owned ) properties, that is, real estate owned by the bank. These are properties that have actually gone through the legal foreclosure [...]
By Ninah Hunter on March 7th, 2010
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Almost everyone is looking for and expecting to get a great bargain these days. There’s no question it’s a buyer’s market, but when it comes to foreclosures, don’t expect the banks to give it away, any more than a private seller would. REO’s (i.e., foreclosed, bank-owned) properties do offer some of the best bargains around, [...]
