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Updated almost 12 years ago,
Land Trust for REO's.. Help Needed!
Hello everyone. I'm needing to understand the land trust strategy when purchasing a REO. I'm aware of banks not accepting assigned contracts so this is the particular method used. What I don't understand is how the contract is worked out with the end buyer and not using there name. I read a article on here but, I don't understand the meticulous part of what's being said. Can anyone help me with this please? Also, do I need a realtor for a REO or is it just easier to have a realtor do the paperwork and handle the offer?