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Why purchase an REO’s after foreclosure is complete?

25 Jun 2009

There are different processes in purchasing a foreclosed property. One option is , the home can be sold at the foreclosure auction but the buyer should not be the homeowner. Second option, the lender can take the home back as the highest bidder.

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Tags: a, b, bank reo 's, Business, business;finance, e, eal estate, f, foreclosure, h, investing, o, r, real estate, real;estate, reo, s, sale, short sale

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