The Bank REO Insider Announces New REO Bank Owned Property Info Blog

“If you are an USA Real Estate investors seeking to buying bank owned reo properties, this site was created with you in mind,” said Mark Bradley, CEO.

WEBWIRE – Monday, April 2, 2012

Bank REO Insiders, a blog created to help estate investor profit from foreclosed bank owned properties in today’s real estate market, has been officially launched at http://bankreoinsider.com.

As an information based site, The Bank REO Insider covers:

Broker Price Opinion – BPO Facts
REO Financing Essential Tips For Your Success
Commercial REO Properties
Buying A REO The Right Way
Commercial REO Properties

“If you are an USA Real Estate investors seeking to buying bank owned reo properties, this site was created with you in mind,” said Mark Bradley, CEO.

“It was designed to save you time and money by working and creating relationships with banks to rid them of their excess bank owned problem real estate properties,” added Bradley, a real estate professional with 25 years’ experience.

Readers ignorant to what REO Financing is all about will find The Bank REO Insider quite informative and instructive. For instance, if you are new to the REO real estate market chances are you would not have known the requirements are in purchasing a property.

The Bank REO Insider will give you invaluable information about how to go about purchasing your property. For instance, your first consideration would be to ensure you have the money, with which you will purchase the property, in which financing is a common option. “REO financing is no exception, but comes with some special circumstances. A REO is a real estate owned property,” said Bradley.

However, he was also quick to point out that even so, some lenders will not finance REO properties because of the risk involved in them. “If you have a lender willing to do REO financing, you will want to work with them to get pre-qualified before beginning your search so that you know what you can afford. The lender from whom you are purchasing the property will require a pre-qualification letter before accepting a purchase agreement from you,” he added.

For further information, please contact: Mark Bradley, CEO, http://www.facebook.com/REOInsiders or visit http://bankreoinsider.com.