Why is it So Hard to Buy an REO?

Submitted by georgiana on Wed, 07/14/2010 - 02:48.

Are you trying to buy a foreclosed home? Or perhaps you've been trying to purchase a short sale for six months, only to be no further along in the process than when you started.

If you've wondered why in the world it's so hard you might find this article written for Mortgage Servicing News of interest. http://mortgageservicingnews.com/newsletter/stories/?story_id=329

georgiana's blog
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