Thank you for your interested in purchasing our REO (real estate owned) properties. This is a FORECLOSURE, not a “short sale” property. Short sales typically take a long time to process and are very difficult and complicated as opposed to REO properties. Buying an REO property is not much different than buying from a private party. There are 2 things however that is necessary when making an offer. You MUST SUBMIT EXACTLY as described below, or your offer WILL NOT be submitted - READ CAREFULLY.
1. Pre-approval letter from lender assigned by bank, which will be determined.
( The buyer is free to use any lender they want, only a pre-approval letter from a selected lender is necessary )
2. Proof of funds. A copy of a bank statement, or wherever the down payment funds are coming from.
Please email me with your name and contact information at AnnThai@sbcglobal.net for a list of all our bank owned (REO) properties.
Note: I also have many REO listings that have not yet on the market nor the MLS listings, email me if you are interested in those prelist properties.