Tag Archives: buying an reo property

Banks are foreclosing and warming up to the 203k loan idea…..sort of

It looks like banks are shying away from the loan modification option and getting more aggressive and foreclosing on delinquent borrowers homes.  The foreclosures figures may or may not reach a record in California but it’s a sign that more bank owned properties are going to hit the market real soon.  Here comes the 203k […]