Miltary Home Buyer Tax Credit has been EXTENDED! click here

NEW YORK (CNNMoney.com) --"The safest and best way to buy is when it's a bank-owned property (REO)."

The biggest mistakes that buyers make when looking to buy a foreclosure are: 1. Not being pre-approved; 2. Not working with an REO Broker.

Not having financing in place: If you don't have a pre-approved mortgage, you're really not in the market. You have to be able to move quickly. Remember that pre-approved financing is different from pre-qualified financing.

Not having a realtionship with an REO Broker:  There are many levels of a Real Estate agent, many REO Brokers are also Associate or Principal Brokers.  REO Brokers tend to have the inside track on forelcosures and what is coming availble in the market, not to mention they understand what hurdles may come with purchasing an reo.

REO Brokers are FREE to the general public. They are compensated by the bank/foreclosure institution. 

The Weese's have been REO Brokers in Utah since 1995 and have recently started selling foreclosures in Nevada.  If you have any questions please call 801.645.1919.  Remember ROBINHUD.com offers every home in the state of Utah for FREE!  Enjoy!