Comments on: Buying a Massachusetts Bank Owned Home

By: Bill Gassett

Bill Gassett — Sat, 09 Oct 2010 12:26:59 +0000

Jason it depends on the lender on whether of not they allow you to correct the deficiencies that the appraiser comes up with. Some lenders may allow you to do so others may not.

By: jason

jason — Sat, 09 Oct 2010 08:32:21 +0000

Im in the process of buying a foreclosed home. there are small issues in the inspection, im waiting for the FHA appraiser to inspect now ..i know the seller (bank) wont fix what the FHA wants, im prepared to go in and fix it myself. whats the chances they will let me to satisfy the apraiser?

By: Bill Gassett

Bill Gassett — Tue, 20 Jul 2010 16:29:52 +0000

Tom thanks for stopping by my blog about Massachusetts foreclosures today. I am glad you found the article useful and I was able to help.

By: Tom

Tom — Tue, 20 Jul 2010 12:22:36 +0000

Great article! I’m in the beginning stages of buying a Fannie Mae owned property .. i’m going to email you with an additional question.

Thank you,
T

By: uberVU - social comments

uberVU - social comments — Sat, 20 Mar 2010 06:36:31 +0000

Social comments and analytics for this post…

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By: Terrie Leighton

Terrie Leighton — Fri, 19 Mar 2010 22:19:15 +0000

Bill ~ Great article full of important information about what to expect when considering a REO property. It really is important to hire an agent with experience and knowledge who can help guide you through this process!

By: Bill Gassett

Bill Gassett — Fri, 19 Mar 2010 13:19:44 +0000

CJ- There are many times that bank owned properties offer a very good value. As you can see from the article though there is quite a bit to know about an REO transaction.

By: Evolution Of Wealth

Evolution Of Wealth — Fri, 19 Mar 2010 04:07:03 +0000

Wow, definitely a lot of information in one post. I truly never realize a lot of this because I’ve never actually been involved in a bank owned deal but how could you not look at all the listings in the newspaper today. There seems to be some good deals