Just wanted to hear about anyone's experiences dealing with realtors to purchase REOs. I spoke with 1 realtor today and he insisted that banks he deals with want to know that you have pre-approved financing before we can go talk to the bank.
Has this been a roadblock for any of you or should I just keep looking for other realtors that deal with REOs? Or are you able to work with realtors that understand that you will be assigning these REOs to 3rd party investors and they will either pay in cash or other resources available to them.
Hi everybody,
Just wanted to hear about anyone's experiences dealing with realtors to purchase REOs. I spoke with 1 realtor today and he insisted that banks he deals with want to know that you have pre-approved financing before we can go talk to the bank.
Has this been a roadblock for any of you or should I just keep looking for other realtors that deal with REOs? Or are you able to work with realtors that understand that you will be assigning these REOs to 3rd party investors and they will either pay in cash or other resources available to them.
Thx,
Neil