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Updated over 7 years ago on . Most recent reply
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Bank Owned vs. Auctions- where are the better deals for SFHs?
New to buying. What are your thoughts on REOs vs. Auctions? Which one has better deals on SFHs generally? Thank you!
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Originally posted by @Patrick Martone:
Do you need to go through a broker for a REO property?
yes...no lender/bank is going to work directly with you unless they are that single branch local, community mom and pop bank that is two deals away from going into FDIC receivership.