Categories for Real Estate Investment Tips

How to Buy REO Properties

by on June 6, 2017 5:15 pm under

“REO” stands for “Real Estate Owned.” Lenders give this name to properties they’ve taken possession of as a result of their borrowers’ default. Every lender has an REO department that handles the maintenance and disposition of REO properties. It’s not always obvious how to buy REO properties though. It is

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