For our third episode we interviewed Kate Richmond.   Kate has specialized in bank owned properties for over twenty four years and started Kate & Company in 1992 for the specific purpose of providing professional real estate services for REO properties.  She is a member of REO Brokers, REOMAC and REOtrans.  Her website is pacificnwreo.com.

In this episode, Kate discusses what an REO property is and other interesting information about bank owned properties and the foreclosure process.  She also talks about the current market conditions based on foreclosure rates.

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