BANK REO's
Lang
World Realty, INC. works for the banks
unloading their real estate portfolios.
We have several banking institutions in
which we work with in order to raise capital
for the lenders while giving our clients
the opportunity to purchase real estate
at a reduced price. We service you the
buyer. Keep in
mind that the guidelines set forth from
the banks which allow you to purchase this
real estate at a reduced cost are always
the same. Here is what you need to know
to get started:
1) All properties
are sold in "AS-IS" condition.
2) All escrow
monies need to be in certified funds,
in some cases a minimum
escrow deposit required.
3) The buyer is responsible for any
and all inspections/ village requirements.
4) You are required to produce Bank
Certification Funding letters and or Pre-Approval,
(not pre-qual) letters for showings, or
offers. Information must be on file
at our office.
5) You will be required to sign off
on additional addendum's before the final
purchase agreement is accepted, (please
allow ample time for acceptance on purchase
agreements.)
Benefits are: No
court foreclosure proceedings & No
short sale process. Clear and clean title
being passed, no liens or title issues
to deal with. Reduced prices on real
estate assets to add to your investment
portfolio.
Most buyers are cash buyers, if you
need a bank rehab loan please contact us
for referral information on how to obtain
this type of loan.
If you have additional questions please
email us at: info@langworldrealty.com and
we will respond accordingly. Thank You!
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