The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (106145)	2/22/2008 11:24:52 AM
From: John Vosilla	Read Replies (2) of 306849

You will have a field day in the central valley CA just going through that REO pool in MLS the next 12-18 months.. Find the ugly looking one needing only some cosmetic work. The CMO pools usually don't spend money to give the places curb appeal, thus they are not going to show well or be financeable taking a huge pool of buyers out of the market. Certain auctions are incredible. It is the private auction companies that do massive advertising with a ballroom setting to avoid. The government auctions are tricky and risky for those who don't do it for a living but great deals are possible. Check realtybid.com online auctions..

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