Phoenix Real Estate FAQ’s – REO’s
February 19, 2010 by Kristin LaVanway · Leave a Comment
Dean Ouellette joins me to as we answer your real estate questions straight from the trenches of the Phoenix real estate market….in only 30 seconds. Here we are answering some frequently asked questions about purchasing bank-owned properties…namely:
- Where can you find REO listings?
- Can I offer below the asking price on a bank-owned property?
- The bank accepted my offer, but wants me to be sign a 10-page addendum…what do I do?
- What’s a “best and final” offer and how do they work?
Thanks to Sasha Lopez for manning the time clock!
Don’t miss our “blooper reel” at the end!
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I am a Realtor in Gilbert, AZ, working with clients throughout the Phoenix Metro area. I am lucky to love what I do and appreciate the difference I can make in people's lives.
In a previous life, I was a rocket scientist - really! - but decided to step away from corporate America to be a Mom to my four boys. Found it hard to do bake sales, so I ran a small independent programming business instead.
Flash forward...I am now a single mom and I face many, many challenges everyday. I am living through the hardships that many are facing in this economy. These experiences have motivated me to help other people in my shoes.
I have recently been certified as a distressed property expert (CDPE) to allow me to better serve those who may be struggling with their finances and may be looking at a possible foreclosure. My goal is to help these folks evaluate all their options and choose the best course of action.
