Archive for the REOs Category

Buying a Bank-Owned Home? Ball’s in YOUR Court!

ARDELL on 06 12, 2010 | 5 Comments

Interestingly, the very same day that Craig wrote his post on assisting a buyer with a bank-owned purchase, I was closing on a very similar transaction. One difference...mine closed. :) It was

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Buyer Beware – “great deals” may come with other “issues”

ARDELL on 10 22, 2009 | 10 Comments

Buyer Beware -

When you get the opportunity to buy a house "worth" over a million dollars, for fifty to seventy cents on the dollar, you have to ask yourself if you can "afford" it before you say WooHoo! #1 -  

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Notice of Trustee Sales v. Trustee Deeds

Jillayne Schlicke on 07 1, 2009 | 14 Comments

Each month, Alan from Seattle Bubble religiously posts the Notice of Trustee Sale (NTS) numbers for King County. I'm very appreciative of his work because it saves me time each month so thanks again

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Why are Banks Setting the Opening Auction Bid Below The Principal Balance?

Jillayne Schlicke on 05 1, 2009 | 72 Comments

I attended a foreclosure auction in Bellevue, WA last week to discover if the rumor was true that banks are opening their bids below the amount owed.  I received confirmation from three professional

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