Posts tagged as:

Bank Owned

Simi Valley Home Sales Report YTD – January 31, 2010

by Ted Mackel on February 15, 2010

Simi Valley Home Sales Report YTD – January 31, 2010 Simi Valley home sales for the first month of 2010 trended back to average levels seen through 2009. While December 2009 showed the strongest sales for the year, my hunch was that many Short Sale lenders trying to close their books for the fiscal year [...]

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Foreclosure Pitfalls – Buying Bank Owned Properties Part II

by Ted Mackel on March 23, 2009

Foreclosure Pitfalls – Buying Banked Owned Properties Part II The following photos really illustrate how tricky the foreclosure market can be.  The damage in this property pretty much eliminates 75% of all qualified buyers as only very particular financing is available for this type of property.   What I could not capture in the photos is that [...]

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12 Tips To Make Your REO Offer More Attractive (Bank Owned Homes)

by Ted Mackel on October 22, 2008

12 Tips To Make Your REO Offer More Attractive (Bank Owned Homes) Currently I represent a local Southern California Bank with their REO (Bank Owned) properties in Simi Valley, Moorpark, Camarillo, the Conejo Valley and West San Fernando Valley.  I have also represented buyers on other bank owned homes.  Below are 12 tips to help [...]

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