A new RE0 came up today in 4s ranch MLS#090041224. Per Broker,
Property is currently under eviction. No showing, do not disturb occupant. Email agent for all the questions. CASH OFFERS ONLY. No exceptions
The listing has one exterior pic, so one is supposed to bid on this without a showing and photographs and that too, in “all cash” — wow.
My questions are
Is this normal for REOs?
Does anyone have experience dealing with such properties?
Once it is foreclosed, how can the property still be occupied?
Banks have to give tenants 90 days to vacate. I don’t know how cooperative the tenant has to be, probably not much.
$499K is unrealistic there and now. Condos north of Del Norte (higher MR, higher HOA, higher downpayment if you want to avoid PMI) are selling for more. Either something is seriously wrong with that house or they intend to start a bidding war.
Banks have to give tenants 90 days to vacate. I don’t know how cooperative the tenant has to be, probably not much.
$499K is unrealistic there and now. Condos north of Del Norte (higher MR, higher HOA, higher downpayment if you want to avoid PMI) are selling for more. Either something is seriously wrong with that house or they intend to start a bidding war.
Banks have to give tenants 90 days to vacate. I don’t know how cooperative the tenant has to be, probably not much.
$499K is unrealistic there and now. Condos north of Del Norte (higher MR, higher HOA, higher downpayment if you want to avoid PMI) are selling for more. Either something is seriously wrong with that house or they intend to start a bidding war.
Banks have to give tenants 90 days to vacate. I don’t know how cooperative the tenant has to be, probably not much.
$499K is unrealistic there and now. Condos north of Del Norte (higher MR, higher HOA, higher downpayment if you want to avoid PMI) are selling for more. Either something is seriously wrong with that house or they intend to start a bidding war.
Banks have to give tenants 90 days to vacate. I don’t know how cooperative the tenant has to be, probably not much.
$499K is unrealistic there and now. Condos north of Del Norte (higher MR, higher HOA, higher downpayment if you want to avoid PMI) are selling for more. Either something is seriously wrong with that house or they intend to start a bidding war.
