

What are the park rules and fees that a buyer should be aware of? How do properties that were part of a cooperative or shared living arrangement become REO?
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what does reo mean
- What are the approval processes for buying an REO in a co-op? What are the unique challenges of selling an REO in a co-op?
- What are the potential costs of bringing older additions up to current code standards?
- How do vacant land parcels become REO?
- What are the potential risks of leaving an REO property vacant after closing? How can you secure a vacant REO property against theft and vandalism?
- What are the risks of buying a property that was subject to forfeiture? How do properties in probate become REO?
- What are the signs of sinkhole activity?
- What are the potential resale challenges for these types of REO? How do properties located in homeowners associations with financial difficulties become REO?
- What are the typical conditions of REO properties?
- Are there government programs to help people buy REO properties?
- Can you negotiate repairs after the appraisal? What happens if an REO property doesn't sell?
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