You need the Flash plug-in in order to see this feature
August 2008 
There are 1 blog entries for August 2008.
Bank Owned homes - A Double-Edged Sword
Friday, August 22nd, 2008 at 10:35am. 302 Views, 0 Comments.
Yikes! While the current Orange County Real Estate market is full of great houses at bargain basement prices - BE CAREFUL!!! Many of these homes have not been lived in or maintained for months at a time! They can have hundreds and even thousands of dollars worth of repairs that will need to be done before you can even move in! So, just remember, even though you are able to get a smokin' deal on a price, you may have hidden expenses to actually be able to live in the house!
Today's vocabulary:
REO = Real Estate Owned, owned by the bank or lender
