Buyers are seeing many more homes for sale today with terms like REO, foreclosure, short sale, and others. All these terms have something to do with a bank, but here’s an explanation for each: Bank Owned The bank has aquired title (ownership) to the property. The bank is the seller. REO or “Real Estate Owned”...
Buyers are seeing many more homes for sale today with terms like REO, foreclosure, short sale, and others. All these terms have something to do with a bank, but here’s an explanation for each: Bank Owned The bank has aquired title (ownership) to the property. The bank is the seller. REO or “Real Estate Owned”...
Buyers are seeing many more homes for sale today with terms like REO, foreclosure, short sale, and others. All these terms have something to do with a bank, but here’s an explanation for each: Bank Owned The bank has aquired title (ownership) to the property. The bank is the seller. REO or “Real Estate Owned”...
Buyers are seeing many more homes for sale today with terms like REO, foreclosure, short sale, and others. All these terms have something to do with a bank, but here’s an explanation for each: Bank Owned The bank has aquired title (ownership) to the property. The bank is the seller. REO or “Real Estate Owned”...