In my experience, most REO listing agents are high-volume, low drag (this is not a knock on them...just an observation about their business model) - meaning they aren't looking to show the properties themselves and work both sides of the deal - they expect you to work through a buyer's agent.

First, if the defendant either shows up or sends an attorney to delay or contest the sale, you are present to observe. 

I've only been through two cycles before, but here's what I've observed last time:After a crash, it takes up to a year for people to lose jobs. 

From my observation, the funds are buying properties that are mostly turn key and/or in very stable neighborhoods.

One: turns out that no matter how carefully I observed and took notes, there was a world of difference between the initial, "this is a solid house!

Observing volume fluctuations in regions, government policy effects, various buyer types, and learning about the most recent financing available has given me an MBA in Real Estate.

10 REASONS FORECLOSURES ARE TOXICThe following observations are based on my own personal experiences with foreclosures over the last three years.  

Also, from my observation and what I have read, San Diego isn't the place to invest with a buy and hold strategy right now.

As a real estate investing coach with a strong track record of success with my clients, I can share a few of my observations...1.

I'll agree with others and the observation that you will  need to analyze and make lots of offers before you strike gold.