About REO-WHO PAYS WHAT?
(2009-01-21 18:11:23)
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REO is Real Estate Owned. 最近REO市場比較熱。好地DEAL 也不少,但是要“快‘才行。好的DEAL兩, 三天就PENDING.
為了能拿到好的DEAL , 出offer 時要注意bank 一般都付什麽, 不付什麽。
From my experience, most REO seller will NOT pay for
1. Termit Repairs
2. Repairs
3. Home Warranties
And, most REO Seller Pays
1.Harzard Report
2.Passed due HOA, Unpaid taxes and other assessments
買REO的好處是Title一定clean. 買主不付liens.