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Lawyers Needed in REO Closings

Joseph E. Seagle advises buyers to utilize an attorney when buying a foreclosed property from a bank or a pre-foreclosure property in a short sale in this interview that aired on the local news in May, 2009. To view the story, click here.

Many people dream of buying a real estate owned or REO property from a bank, thinking they are getting a steal, and they end up in a nightmare of a transaction. In this interview with Orlando’s local CBS affiliate, Mr. Seagle makes it clear that an attorney can help guide the borrower in these transactions to avoid unnecessary delays and recognize when to withdraw from the deal when the problems are insurmountable.

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