go to REO concentrated area, look at yard signs

and you will find some agents with multiple houses on sale. These agents may not be Chinese. But they are most likely the most experienced agents in REO business. What do you mean trustable? There is really not much issue with trust. As long as you get the good price, sign the addendum, get the loan and go to closure, all standard process. You may have to pay 5000-15000 to fix/renovate. But you do need to have a sense of damage and how they cost. The agents who are familiar with REOs often have a good sense. You can also bring a Chinese contractor to estimate the price.

所有跟帖： 

• really appreciated it. I may bug your guys more if you dont' mi -美西游子- ♀ (172 bytes) () 10/20/2008 postreply 13:40:27

• No, I don't read any books on that. I only look at -miat42- ♂ (114 bytes) () 10/20/2008 postreply 14:01:54

• 回复：No, I don't read any books on that. I only look at -snowxyxy- ♀ (99 bytes) () 10/20/2008 postreply 14:20:10

• From 2005 or 2006 sales price in county tax records -miat42- ♂ (0 bytes) () 10/20/2008 postreply 14:21:56

• thanks -snowxyxy- ♀ (0 bytes) () 10/20/2008 postreply 18:58:40

• What do u mean by -60 to -70% deals? thanx. -美西游子- ♀ (0 bytes) () 10/20/2008 postreply 14:21:20

• In 05 it was sold at 300K, today it's selling at 80K -miat42- ♂ (22 bytes) () 10/20/2008 postreply 14:23:05

• I see. thanks! -美西游子- ♀ (0 bytes) () 10/20/2008 postreply 14:29:07