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,…
I have been getting a number of calls or emails from buyers who think they want to buy a foreclosed home. After I ask them why they would want to do that, I usually hear “Because I want to get the most for my money and I’ve heard that foreclosures can be a real bargain.”…
I am getting a lot of calls lately with people telling me that they want to buy a foreclosure. Maybe it’s the mentality of the market, or the late night infomercials, but many people seem to think that foreclosures, by definition are a “good deal”. They might be or they might not! Foreclosures aren’t necessarily…