6 Tips For Buying An REO (Bank Owned Property) in Milpitas CA
By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
6 Tips Buying An REO (Bank Owned Property) in Milpitas CA Hire a professional and experienced REO agent who can help you navigate the complexities of Buying an REO (bank owned property) in Milpitas CA. An REO agent who has listed REO's would have the knowledge to put the 6 Tips For Buying an REO in Milpitas CA to good use. Get pre-approved A pre-approval let's you know how much home you can afford. Sellers of REO's, specially the big banks, do not want to waste time as every day they carry the REO costs them. A pre-approval shows the asset manager (the bank's representative) that your offer is serious and that you are qualified for the purchase. Especially important if there are several buyers for the property you want. Most bank's require buyers of their REO's to be pre-approved wit...
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