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Posts Tagged bank owned property


REO Repairs? It Never Hurts To Ask

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Categories: Big Bear Buyers, Big Bear Foreclosures, Big Bear Real Estate News
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When buying an REO property, the first thing that happens after your offer is accepted is, the bank makes you sign their addendum. The banks addendum often has terms and conditions that supersede the provisions set forth in the C.A.R. contract the original offer was presented on. For example, the bank usually shortens the contingency [...]