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This assets is Real estate property Owned, or REO. The residence was foreclosed and repossessed by a lender once the proprietor failed to make payments. A lender has become the proprietor. this contact form Because banks usually are not in enterprise to personal homes, they are usually serious about providing ...

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These properties are presently outlined for sale. These are owned by a lender or maybe a lender who took possession by foreclosure proceedings. These are definitely also known as bank-owned or property owned (REO).

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