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    Local Agents Facilitate Long-Distance Foreclosure Purchases
  Two buyers looking for a foreclosure bargain in unfamiliar territory relied on local agents to help them successfully narrow down their list of properties and eventually complete a successful purchase. Arthur Korman, a real estate investor from Tulsa, Okla., bought a bank-owned REO in Las Vegas for a 50 percent discount and now only pays $320 a month for his mortgage. Susan Tripp of La Mirada, Calif., helped her firefighter son, who was transferring from Indiana, purchase a “tremendous property” in Southern California.
 
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