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Foreclosed Homes-Foreclosed Properties-REO
Buying Bank-Owned REO Properties
If a lender takes ownership of a property, either through an agreement with the owner during pre-foreclosure or at public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair.
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Bank Repossessions are on the Rise. Don't miss a perfect opportunity!