Tag Archives: buying grover beach foreclosures

Buying REOs (Foreclosures) – You May Not Get Your Keys Until the Day AFTER it closes!

Posted on July 30, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Of all the delays that REO buyers must endure, this tends to be the most difficult to swallow. After you’ve crossed the finish line, the loan funded, and you’ve waited the additional day for the transaction to record, NO KEYS! I’ve had this happen about 3 times, but it is beginning to be a trend on REO purchases that buyers cannot get the keys to their new home until the day AFTER the transaction closes. Banks centralize their escrow and title work on foreclosures, so you are almost always dealing with an out-of-town escrow company that is overburdened with work and often doesn’t care about your individual transaction. Continue reading →

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Mint Properties Offers New Central Coast Foreclosure Property Search

Posted on May 26, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Mint Properties announced a new foreclosure search on my website: www.BuyCentralCoastForeclosures.com. Potential buyers can search for pre-foreclosure, auction, and bank owned properties. So, you can find information on properties throughout California once they have a Notice of Default (the first step in foreclosure) filed. Some of these properties are already listed as short sales on the local MLS. Others will only be listed if they complete the foreclsoure process and come back as bank owned properties. Continue reading →

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