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2. 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]

3. Bank-owned properties: What are they and where can I ... - AOL

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

   Key takeaways. Homes become bank-owned properties after homeowners default on their mortgages and the bank forecloses. If no one opts to buy a foreclosure home at auction, the bank or mortgage ...

4. What is a foreclosure? How it works and how to avoid it - AOL

   www.aol.com/finance/foreclosure-works-avoid...

   Judicial foreclosure: With a judicial foreclosure, the lender files a lawsuit and the borrower is notified of the non-payment. The homeowner has 30 days to make up the missed payments, otherwise ...

5. Foreclosure - Wikipedia

   en.wikipedia.org/wiki/Foreclosure

   “Foreclosure floodwaters receded somewhat in 2010 in the nation’s hardest-hit housing markets. Even so, foreclosure levels remained five to 10 times higher than historic norms in most of those hard-hit markets, where deep fault-lines of risk remain and could potentially trigger more waves of foreclosure activity in 2011 and beyond.” [30]

6. What is an REO? - AOL

   www.aol.com/2008/08/04/what-is-an-reo

   An REO or Real Estate Owned property is a home that s been through the foreclosure process and is now held by the lending institution. When borrowers default on their monthly mortgage payments ...

7. Foreclosure investment - Wikipedia

   en.wikipedia.org/wiki/Foreclosure_investment

   Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate , foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.