Real Estate Owned or a REO property provides the best option to purchase real estate properties lower to their market price. Banks are the owner of the REO property. Owners making a late payment or having a default in their mortgage loanreceives a notice

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by Yang | 2013-12-23

Like frightening creatures in a wild jungle, there are foreclosures, short sales and REOs that reign the jungle of real estate industry in the U.S. which would make you exclaim with anxiety, “oh, my god!” Yes, when talking about distressed homes for sale,

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by Yang | 2013-12-23

All states require that you get at least some notice before your house is sold because of foreclosure.

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by Yang | 2013-12-23

One of the most important aspects of recent market trend is short sales. Short sales constitute about half of the stocks and are gradually replacing foreclosures in the market economy. The statistics in near future will only show short sales. It may happe

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by Yang | 2013-12-23

Foreclosure doesn’t usually come as a big surprise to homeowners. You probably know, well before it happens, that you’re going to have trouble making your mortgage payments

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by Yang | 2013-12-23

There are at least 5 reasons for which the foreign or out of state investors have a preference for Florida foreclosures. According to a study conducted by a national realtor organization established the fact that about 4 percent of total home resales in

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