The August Existing Home Sales report was released Wednesday, showing a decline in the number of homes sold nationwide, and a reduction in the median sales price.
Filed under: First Time Home Buyer, Real Estate Investor | Tagged: Economy, Home Buyers, Home Sellers, Mortgage | 1 Comment »
It seems that there is a misunderstanding with Short Sales that pertains to the name itself. They are not short sales in regards to the time it takes to close on a purchase.
Filed under: Bank Owned/REO, Real Estate Investor | Tagged: Bank Owned/REO, Foreclosures, Short Sales, WA REO | Leave a Comment »
REO stands for ‘Real Estate Owned’. Basically it is a foreclosed property NOT to be confused with Short Sale.
Filed under: Bank Owned/REO, Real Estate Investor | Tagged: Bank Owned/REO, Real Estate Investor, Seattle Real Estate, Seattle REO, WA Real Estate, WA REO | Leave a Comment »
