Understanding Short Sales, Foreclosures, and REO Properties.
The new buzz words in the industry areĀ Short Sales, Foreclosures and REO’s. Short sales are pre-forclosure sales andĀ Real Estate Owned by the Bank (REO”s) are after the foreclosure. On the front page of the Tribune business section (Oct 5, 2007) there was a whole article devoted to foreclosure classes.
Who are the people attending these classess? Well mostly investors, speculators, and realtors. One topic not discussed in this article was “Short Sales”.
To discuss which is the right one for you? It all depends on the circumstances.
Free consultation and Information on Short Sales at 1-800-307-3711 Ext 8





