5 Common Myths about buying REO / Bank-owned properties
Sep 28, 2009 
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Over on John Barry’s blog My Life in Real Estate, he mentions an article put out by the Southland Regional Association of Realtors, explaining 5 common myths regarding the sale of REO properties.
This reminder comes at a particularly handy time. With bank foreclosures representing such a large portion of the activity in the market, as real estate investors it’s very helpful to receive a deeper explanation of some of those things we begin to take for granted. Make sure to read the whole article if you have a chance; in the meantime, here’s a high level view of the five common myths that are cleared up.
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