Suzanne Metzgar wrote:I would appreciate a quick review of REOs, especially if you are buying from a wholesaler. Any advice/information would be appreciated.
It's probably not exactly what you're looking for, but my best advice would be to make sure it's really "a deal" for you. I'm sad to say that in the past I got on several "wholesaler" email lists, but most of the "deals offered" were only a deal for the wholesaler and not the investor.
Most banks won't allow for contract assignments, so are you planning to buy during a double closing? Do your own due diligence! Don't depend on the wholesaler's numbers (comp values or repair estimates) to be accurate. Maybe they will or won't be accurate, but nobody cares about your money more than YOU!
