I found this question the other day while browsing Trulia Voices. I used to participate in answering portion but have since backed off. It has gotten to “salesy” from the agents answering the questions or problems that consumers have when purchasing or selling real estate are all the same. I also use it to help [...]
Winter Foreclosures In Rosemount
February 4, 2010 By Leave a Comment
Low Inventory On Foreclosures In The Twin Cities
November 11, 2009 By 2 Comments
MinnesotaREOBuyers.com offers insight to REO properties
September 20, 2008 By Leave a Comment
REO Properties in Apple Valley, Eagan and Rosemount
August 31, 2008 By Leave a Comment
REO properties have remained somewhat under control in these popular suburbs. Recently there have been more bank owned REO listings and foreclosures coming onto the market. Some of the listings are short sales as well. Current Eagan REO Inventory 10 Condos 15 Townhouses 23 Single Family Homes Current Apple Valley REO inventory 2 Condos 25 [...]
Fed says second ring suburbs next for foreclosures
August 11, 2008 By 1 Comment
A recent article in the Twin Cities Business Journal touches on the subject of the next wave of foreclosures coming to the second ring suburbs like Apple Valley, Woodbury and Minnetonka. Over 30 zip codes have been classified as potential problem areas with resetting sub-prime adjustable rate mortgages (ARM’s). The Federal Reserve of New York [...]
Cash is King in REO Properties, Unless…
August 11, 2008 By Leave a Comment
With lending starting to tighten up because of recent legislation passing and the shake ups at major banks, some home buyers are starting to find it difficult to find lending on certain properties. Those properties are none other than REO properties that are flooding the market right now. Why can’t buyers get funding? Since most [...]
I have to clean this up?
June 17, 2008 By 1 Comment
Well to answer the question Yes and No. Here is a house I walked into almost two months ago (literally, house unlocked for who knows how long). The current status of the house is REO (Real Estate Owned) and is still sitting there in this current condition. The house was left abandoned and was not [...]
