Bank Repossessions Hit New High for Second Month in a Row
Bank repossessions – the actual foreclosure on a home and conversion to an REO (Real Estate Owned) property – hit a record high in May 2010 for the second month in a row, according to foreclosure experts RealtyTrac. Lenders repossessed a total of 93,777 homes, a 1 percent jump from April and a 44 …
Frank Patrick, Property Preservation and Foreclosure Trash Out Specialist, writes how buying REO Homes is becoming the smart move in today’s housing market.
Scottsdale, Ariz. – July 14, 2010 – According to a recent article in Financial Planning Magazine, the author touts REO Homes as “the best real estate deal.” Frank Patrick, foreclosure trash out and reo property specialist, recently cited and expounded upon this …
Sign up to receive important alerts and special offers.
Clients Speak!
“My team is listing three to four properties a week…and we’re looking at closing about the same amount. Frank Patrick delivers on every promise he makes.”
Dustin York
