CrossroadsREO

We understand that you may have many questions about considering and buying Bank-owned and foreclosed properties.
Here are answers to the most Frequently Asked Questions, grouped by the type of questions.

• Definitions: If you aren't familiar with the terms Bank-owned properties, REO, foreclosures, and more, this page will provide some basic definitions, and link you to other pages on our site for more in-depth information.
• Home Buying/Lending: answers to your basic home buying and martgage questions
• REO: About REO Homes for Sale
• General:below you will find answers to basic questions about Crossroads REO: our agency and the kinds of services we provide

Please note that many questions will be answered in the Contract Instructions. We encourage you to read those carefully.

Q: Are all of the properties listed on this website, foreclosure properties?
A: Yes.

Q: What kind of lockboxes are on your properties?
A: All properties have a combination lockbox.

Q: I see that you have a combination lockbox on the property. May I have the combination code?
A: No, we are not permitted to give out the combination code.

Q: What is your firm's brokerage number?
A: 2184

Q: What is Daniel Keltner's Ohio license number?
A: 437914

Q: I am interested in one of your properties. How do I proceed?
A: Read the Contract Instructions for specific answers on how to make an offer. Check out our Home Buying/Lending FAQ's

Q: May I complete an inspection of the property?
A: Yes. However, inspection contingencies are not permitted in our contracts. All parties are encouraged to complete any desired inspections prior to making an offer.

Q: Where should I leave a contract after normal business hours?
A: There is a secure box behind our office. The location is 17149 South Park Center. Strongsville, Oh 44136

Q: Does it cost anything to register with crossroads-reo.com?
A: No, we do not currently collect any fees for information on this website.

Q: How do I browse the foreclosure listings on crossroads-reo.com?
A: Click "Search Listings" in the menu of any page on the website to browse the property listings on crossroads-reo.com. You can search all listings or restrict your search to either Single Family or Multi-Family properties. or by cities, state, zip code, price range, or add a text string to refine your search even more.

Q: What if the specific foreclosure property I am interested in is not listed on crossroads-reo.com?
A: Not every foreclosed or bank-owned property is listed on crossroads-reo.com. If you can't find a particular property you are interested in on the site, please contact the real estate agent who is listing the property for more information.

Q: How often are new properties added to the crossroads-reo.com site?
A: New properties are added to the crossroads-reo.com website daily.

Q: Can I be notified when a new property meeting my specifications is listed on crossroads-reo.com?
A: Yes. You can sign up for our RSS feed (there's a link at the bottom of every page on our site). Click on any page "Homes by E-mail."

Q: What is online bidding?
A: This service is for buyers who are unable to attend the live auction. The highest online bid on crossroads-reo.com is then presented at the live auction on behalf of the buyer. If the highest online bid is the successful bid at the auction, the buyer then purchases the property.

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