Tag Archives: REO

Odd properties for sale: Just a TAD bit fixup needed

Tweet I got this email from a REO (bank owned properties) “specialist”: 3756 Locke Ave, Los Angeles, CA 90032 Fire damaged house, lot value, located in El Sereno.  Centrally located near South Pasadena, close to the 5, 10, 710, and 110 freeways.   *Asking Price:  $99,500

See you later IndyMac

Tweet I always thought IndyMac was a dumb name for a bank, but what do I know about corporate branding… my blog URL is FreshSuperCool.com. Regardless, you can always count on IndyMac to come through: Including going bankrupt. Scary thing is… this is the 2nd biggest financial institution in the US. FDIC is supposed to [...]