1. Don’t get caught up in a feeding frenzy “Everybody and their grandmas are trying to buy foreclosures,” said Glenn Kelman, CEO of Redfin, an online, discount broker. But that doesn’t mean you should lose your head. Banks put repossessed homes back on the market at cut-rate prices because quick sales help avoid the expense [...]
Filed under: Uncategorized | Tagged: WA REO, WA Real Estate, Bank Owned/REO, Real Estate Investor, Foreclosures, Home Buyers, Bank Owned Property, Bank Repossessions, Foreclosure, Real Estate, Home Sales, Financial services, Freddie Mac, Fannie Mae, Real estate owned, Investor, Investing, Federal Reserve System, King County, U.S. Housing Market, seattle foreclosure | Leave a Comment »