I get quite a few calls and emails from prospective home buyers looking for REO and/or Short Sale listings. REO stands for "Real Estate Owned" and these are foreclosed properties which Banks have placed on the market for sale. In a Short Sale, an accepted offer is subject to the
lien holders approval of an amount less than what is owed.
Both can prove to be excellent values in this market but you'll find strong competition from
many buyers. Be prepared and have a written pre-approval from your lender prior to making any offers. If you have any questions about REO's or Short Sales in Carmel Valley, please feel free to call or email me.
You will find every Carmel Valley real estate listing on our website and you can also sign up
for email updates of new listings which include REO's and Short Sales. Take a look today at
http://www.onlycarmelvalleyhomes.com/
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