Buying Bank Owned Homes

Rebecca Williamson

June 6th Home Buyer Seminar: How to Buy Foreclosures

REOs, foreclosures and short sales have generated quite a buzz in the media and among San Mateo County home buyers lately. Are these properties really all they are cracked up to be? Why You Must Attend if You Are a San Mateo County Home Buyer Join us at this San Mateo home buyer seminar where [...]

Raymond Stoklosa

Why Are REOs Better than Short Sales?

Q: I’ve been reading your blog for awhile and it seems like you are biased against short sales and approve REOs – can you explain why? A: Am I that transparent?… I do actually prefer REOs to short sales for a number of reasons. Most notably because buying an REO is generally a more business [...]

Raymond Stoklosa

REOs – Profit Opportunity or Prescription for Frustration?

  Lately I’ve been reading more and more media reports that great bargains can be had purchasing bank owned homes known in the real estate business as REO (real estate owned) properties, and how easy it is. While it is true you can get great bargains purchasing bank owned properties, it is not always easy. [...]

Raymond Stoklosa

Buy Foreclosures to Get a Good Deal?

Q: I’ve heard a lot about buying REOs and short sales in order to get a good deal. Will this strategy work in San Mateo County? A: The media has put a lot of emphasis on the spike in the number of foreclosed homes coming onto the national market, and while there has been an [...]

Rebecca Williamson

Class: Buying Bank Owned Homes, Short Sales and Foreclosures in San Mateo

We have all seen the headlines proclaiming mounting foreclosures and banks being swamped with repossessed homes to sell. What does that mean for San Mateo home buyers? Experts tell us San Mateo foreclosures can represent an excellent profit opportunity. But, is every San Mateo home sold at a bargain price? Is every purchase a good [...]