REO PROPERTIES FOR SALE IN BLUFFTON, SCWhen a foreclosed home is not sold at auction, it turns into a real estate owned property and is placed back on the market for resale to the public. If you think you might be interested in a REO property, contact me.
THE BENEFIT OF REOFor a number of reasons, real estate owned properties are a better option for homebuyers than foreclosed homes. Like foreclosed homes, they are in poor condition, however, unlike foreclosures, REO properties are maintained until sale. Maintenance like basic yardwork, locking up the property, and repairing leaky roofs are common. Along with general maintenance, homebuyers are also allowed to tour the property and have a professional appraisal performed prior to making an offer. If these benefits weren’t enough to persuade you to purchase an REO property, then consider this, they are generally cheaper than market value as the banks want them off of their books.
Real estate owned properties are priced to sell and I am eager to help you find the right home. Call today!