Posts Tagged ‘investing in a bank owned property’

Investing in REO properties

Thursday, December 4th, 2008

In the real estate industry, “REO” is short for “real estate owned” property.  An REO is a bank owned property, likely that property is a foreclosure.  This situation is an ideal situation for realtors and real estate agencies to work directly with the banks to secure the best arrangement possible for their clients.  Investing in [...]

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