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  2. Bank-owned properties: What are they and where can I find them?

    www.aol.com/finance/bank-owned-properties-where...

    A home becomes a bank-owned property after the homeowner defaults on their mortgage and the bank forecloses. Bank-owned properties may also be referred to as real estate owned or REO homes, REO ...

  3. Real estate owned - Wikipedia

    en.wikipedia.org/wiki/Real_estate_owned

    REO sale property in San Diego, California. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]

  4. 2010 United States foreclosure crisis - Wikipedia

    en.wikipedia.org/wiki/2010_United_States...

    [3] [4] The foreclosure crisis caused significant investor fear in the U.S. [5] A 2014 study published in the American Journal of Public Health linked the foreclosure crisis to an increase in suicide rates. [6] [7] One out of every 248 households in the United States received a foreclosure notice in September 2012, according to RealtyTrac. [8] [9]

  5. From stock market news to jobs and real estate, it can all be found here. ... Michael Jordan's former mansion is now available to rent on a short-term lease, with a month-long stay at $230,000 ...

  6. Foreclosures Are Rising: Here’s What Experts Say It ... - AOL

    www.aol.com/finance/foreclosures-rising-experts...

    Adding up notices of default, repossession by banks and auctions on the calendar, the U.S. Foreclosure Market Report found 35,196 American properties with foreclosure filings. I’m a Real Estate ...

  7. Bank walkaway - Wikipedia

    en.wikipedia.org/wiki/Bank_walkaway

    The primary reason for bank walkaways is that a bank expects to lose money by foreclosing – when proceeds from a foreclosure sale are expected to be insufficient to cover the cost of the foreclosure itself, together with securing, maintaining, and marketing the home for sale. Thus, if the bank were to foreclose (taking ownership) and then ...

  8. Why is it so hard to crack down on some landlords who won't ...

    www.aol.com/why-hard-crack-down-landlords...

    But a significant chunk of his assets are formerly bank-foreclosed homes he bought at public auction. ... amount in a bank account for another real estate company, Capital Funding, which Thomas ...

  9. Occupy Homes - Wikipedia

    en.wikipedia.org/wiki/Occupy_Homes

    Occupy Homes or Occupy Our Homes [1] [2] is part of the Occupy movement which attempts to prevent the foreclosure of people's homes. [1] Protesters delay foreclosures by camping out on the foreclosed property. They also stage protests at the banks responsible for the ongoing foreclosure crisis, sometimes blocking their entrances. [3] [4] It has ...

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