The Real Driver Of Home Sales-NOT Interest Rates!
Real Estate Tip:
Be careful when you make offers to purchase bank-owned property, also known as REOs because there is no previous owner compelled to disclose problems like a leaky roof or oil tank. You must do your own homework which includes a property inspection--the bank will only give you clear title to the property.
Real Estate News:
US banks recently reported that lending standards tightened for all residential real estate.
