No, preforeclosure stage is not good for you

来源: miat42 2008-06-06 11:29:29 [] [博客] [旧帖] [给我悄悄话] 本文已被阅读: 次 (309 bytes)
回答: I agree that trustee auction is very risky. You maymiat422008-06-06 10:49:08
The owner may need to talk to the banks for a short sale chance. Banks may take months to approve it or deny it. Pre-foreclosure stage should not be the stage you can get a bargain. Also, the lien may not be clean enough, you may be mired between two different banks...

Go REO, that's the best bet.

所有跟帖: 

yes, probably REO is the best choice -sourbaby- 给 sourbaby 发送悄悄话 (365 bytes) () 06/06/2008 postreply 11:42:32

no days you can buy REO cheaper than aution -jy101- 给 jy101 发送悄悄话 (233 bytes) () 06/06/2008 postreply 17:37:08

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