The conversation between human and AI assistant.
Why is a REO property not available anymore?
How does someone go about purchasing a REO property?
It's important to work with an experienced real estate agent who is familiar with the process of purchasing REO properties. The lender will typically have specific requirements for buyers, such as pre-approval for financing, before they will consider an offer. It can be a more complicated process than buying a traditional property, but it can also be an opportunity to purchase a property at a lower price.