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hello out there.
I have been a PAS agent that is a Wells Fargo agent and received many listings over the years especially here in South Florida which still is one of the top states for foreclosures. I know the REO market is not what it use to be but after speaking with the other PAS agents in my area they too have not received a listing in 6 to 7 months. I thought it had something to do with the banks wanting more financial assets on their books for end of 2015. We are now into 2016 and I know they are out there i have friends who work for the Inspection companies driving around handing out notices and checking on bank foreclose and vacant properties for the different companies out there.
Does anyone have any insight what has happen to the Wells Fargo REO's?
Homesaver Real Estate LLC