The REO/Foreclosure Agent



foreclosure reo



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Foreclosure Buyers


Michael specializes in selling bank foreclosures (REOs). Those interested in purchasing bank-owned homes must be able to make settlement within 30-40 days. Those who plan to sell their existing home should have it on the market and under contract prior to making an offer on a bank-owned home as banks do not accept offers contingent upon the sale of an existing home. Given that many bank-owned homes need repairs, some buyers may elect to borrow the money needed for purchasing and rehabbing the property. There are multiple rehab loan programs available for those looking to purchase bank-owned houses. Buying foreclosures/REOs is not the same as buying other homes. If you are considering the purchase of a foreclosure, work with a specialist.



MICHAEL EDDY
REO / foreclosure agent
302-293-8323 direct

DE and PA -
concord realty group
wilmington, Delaware 19810

MD -
home finders real estate
wilmington, Delaware 19806






Newark     Lewes/Rehoboth


HUD     USDA     Homepath     203k