" YOUR SOURCE FOR LAS VEGAS HOMES FOR SALE"

JOSEPH IULIUCCI - PRUDENTIAL AMERICANA

702-315-7847 or 888-871-2345

info@HudHomesNevada.com 

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Buy REO Homes !!!!  With Little To NO Money Down !!!!   Catch The Best Deals, From The One And Only SOURCE ----> JOE IULIUCCI of Prudential & HudHomesNevada.com (800)991-7658   We Work With You !! Not Against You !!!   No Time Could Be Better then NOW

REPO / REO

DIGEST

What Are Bank REO (Real Estate Owned) Properties?

Benefits of buying a Bank foreclosure
Positives:

  1. Equity, Equity, Equity !!!
  2. Sometimes the bank will hold the financing.

Negatives:

  1. Nonrefundable deposit
  2. Lot's of work and no guarantee the house will ever be re-sold sold.

Most Bank REOs / Repo's  have a third-party manager who is responsible for the upkeep of the property while the bank owns it, and they are your liason with the bank. Offers must be made through them, and they will relay counter-offers from the bank. In general, banks do not negotiate much on prices, so if you offer less than asking price be prepared to go through the negotiation process several times for a minimal discount. * Remember the listing agent is working for the BANK!! "NEVER THE BUYER". Their job is to put the MOST money in the bank's pocket as well as their own. Other commen names you may hear are other then REO & REPO - Bank Owned, Fannie Mae, Freddie Mac, Home Steps, Corporate Owned, Third Party Owner, Foreclosure, & Default Property

 

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JOE IULIUCCI   702-492-7151  or  1-800-991-7658  

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Joseph Iuliucci is a licensed Broker / Salesman for Prudential Americana Group, Realtors and operates www.HudHomesNevada.com independently. He is the Sole owner of HudHomesNevada.com and has no affiliation with any other Real Estate Company in the State of Nevada. HudHomesNevada.com, Joseph Iuliucci, & and or Prudential Americana are not making any representations to any of the homes or listings as being exclusive other then those that are stated as being such.

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