Daily Archives: January 17, 2008

Loving The REOs

Over at the New Jersey Real Estate Report, James Bednar writes in the comment section about his preference for REOs (bank owned properties).
1) Properties are often distressed. Owners trashed the place when they left. Damage from a lack of maintenance. Landscaping dead, lawn overgrown. Properties as-is. Lots of buyers will get turned off, even [...]