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What is the difference between a short sale, HUD foreclosure and REO property when buying a house?

April 26, 2017buying difference foreclosure House HUD Property REO sale short

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What is the difference between a short sale, HUD foreclosure and REO property when buying a house?

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In this weeks’ 1 Minute Quick Video Tip Mike Moulton discusses the difference between a short sale property, a HUD foreclosure and an REO property. He discusses in detail why they are different, the timings, and how it can affect you getting a deal on your home purchase. As always, Mike can’t promise to keep the video to just 1 minute. Mike is coming to you this week from the beautiful Jetton Park on Lake Norman, NC. If you missed last weeks’ Quick Video Tip then click the following: How Long Does It Take When I Make an Offer on a Short Sale Click the following if you’d like to view our entire weekly Video Tip Series For more information on finding a great deal on a home be sure to call Mike directly at 704-269-5061.