Read What People Are Saying About Us We always ask our clients to write or email us, and tell us truthfully how they appreciated our service to them. Their feedback is so important! Here are a few highlights of what people are saying about us...
"GOOD NEWS!!!"
We couldn't have done it without you!
John and Eileen Kowalski
"We Did It!"
"I will be sure to direct clients your way!"
Dave Melvin, Greenridge Realty,
"Where do I start?"
"We consider you more than just our realtors - we think of you as our friends!"
Kathy and Jason Bates
Tell us how we're doing!
You have a story to tell about us. You've worked with us, and we've helped you buy or sell a home. We need your feedback. Others need your feedback, too! Please take a moment to fill out this form and tell us how we did...
Foreclosures >2. What Is a Bank Owned Property?
When a home owner misses payments on his or her mortgage, the loan becomes default and the home or property becomes distressed. What happens next depends on an appraisal and the equity of the home. If short sale isn’t a viable option for the home owner and the lender, the foreclosure process takes over and the home or property goes up for foreclosure auction.
A bank-owned property (also referred to as a "real estate owned" or "REO" property) is one that was up for sale at a foreclosure auction but did not sell and therefore now belongs to the lender (usually a bank, but can also be any government agency or loan insurer.)
|
| Q |
Into what category do forty-four percent of home buying households fall?
|
| A |
Forty-four percent of home-buying households are made up of married couples with dependents. |
See More Real Estate Trivia > |
|
|
Compare three mortgages
at one time. Download TripleCalc now. It's free.
|
Bill and Luanne Hauck are two
of The Top Selling Real Estate Experts Find Out More > |
|