Tag Archive: Bank-owned

Best Deals on Bank Owned Homes

The bank-owned (REO) homes in South Orange County are still looking like the best values available.  I picked out a list of about 15 that are seriously discounted below their last sale price.  I am planning to resume posting my “Vic ‘s Picks” on a more regular basis – probably once per week.   This week,…

Message to Lenders – Who is going to buy all your Foreclosures?

I just spent several days this week inspecting South Orange County REOs. The quality, condition and pricing run the distance from “Wow – pretty nice!” to “Gag – what’s that smell?”    I saw a lot of REOs back in the mid-1990s and sold more than a few at that time.  They also offered a wide range of…