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Who Benefits From Purchasing an REO Property?Who Benefits From Purchasing an REO Property?

August 9, 2013 Chris 0 Comments

What is an REO property? REO, or real estate owned, property is property that has been foreclosed on by the bank. This generally occurs when the owner has failed to pay the mortgage on the home. REO properties are not only houses, though, as they can also be trailers, condos,

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