Select One: a) REO’s, b)SSL’s or c) none of the above
Have you asked yourself what is the best deal out there. Is it on:
a) Bank Owned Property (REO’s)
b) Short-Sale (SSL’s)
c) none of the above
Most BUYERS have focused on REO’s and SSL’s, and failed to recognize that SELLERS of Non-REO’s and Non-SSL’s have increasingly become very competitive in their pricing and/or willingness to negotiate offers.
After all, if SELLERS do otherwise, they will not be able to sell until the inventory of REO’s and SSL’s is reduced substantially from the current levels. The following chart summarizes the current market.
If you have any questions or comments, please send me an e-mail to: michael@miamiflorida.com or call me at my mobile 305.450.0036
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