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Updated over 15 years ago, 08/03/2009
REO's vs. Short Sales
The markets are constantly changing and vary in different parts of the country and in different parts of each state for that matter. I currently am focused on REO investing, mostly in CA, and would like to start a discussion with other investors, both seasoned and newbies, of which they feel is the better strategy in each of YOUR markets (short sales or REO's)
I have found that short sale investing (at least in CA) has become too difficult due to several factors, one being the time it takes to complete a transaction, and a second with the many incompetant agents involved in the transactions.(not all factors listed here)
What factors are driving your market place which in turn determine which strategy you implement and why?? :lol: