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REO equals Bank Owned
REO = Bank Owned Property What is REO? REO is simply a bank owned property. (why not call it a bop?) REO stands for “Real Estate Owned”. A property will go to auction when foreclosed, if it isn’t sold at the auction or goes back to the Mortgagee then it becomes what we call an [...]
Under Contract in Just One Day!
Under Contract in Just One Day! I tell this story alot. It pretty much sums up the age old question most real estate agents get “Why should I go through YOU to show me a house?” I haven’t been dealing with many buyers lately. Have been too busy maintaining my Clients’ properties. My 2 Assistants have been [...]
Foreclosure Process
The Foreclosure Process You’ve likely reached this page because you have questions or are curious about the Foreclosure Process. Below are some more articles I thought might be helpful. There’s also a Video we took during the final part of a personal property eviction we had recently. Remember, Laws vary from State to State, so [...]
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