REO/ Bank Owned

REO and bank owned properties can provide excellent investment opportunities.  Because REO properties go back to the bank after a foreclosure auction has been unsuccessful, buyers may be able to get bank owned foreclosures for pennies on the dollar.

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Tom DiMercurio

Mentoring the Freshmen --- The Class of 2012

No one can escape the tentacles of the sub-prime credit disaster. Everyone has an opinion: How could this happen? Have we progressed from a Tsunami of REO to the Armageddon of residential real estate? Fannie and Freddie in conservator ship!

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