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  2. Bid4Assets - Wikipedia

    en.wikipedia.org/wiki/Bid4Assets

    Bid4Assets, established in 1999, was the first online real estate auction website to operate in the United States. [1][2] The company auctions distressed real estate and personal property for private investors and federal and local government. [3] It has served the United States Marshals, [4] the U.S. Department of Treasury and over 100 ...

  3. Is It Smart to Buy a Foreclosed Home? Weighing the Pros ... - AOL

    www.aol.com/smart-buy-foreclosed-home-weighing...

    Buying foreclosed homes soared in popularity during the Great Recession as a wave of foreclosures hit the market and drove down prices nationwide. While foreclosure rates since then have fallen ...

  4. Real estate owned - Wikipedia

    en.wikipedia.org/wiki/Real_estate_owned

    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] A foreclosing beneficiary will typically set the opening bid at such an auction for at least the ...

  5. HUD auction - Wikipedia

    en.wikipedia.org/wiki/HUD_auction

    A HUD auction is a form of foreclosure auction except the original lender was a federal agency instead of a private lender. The United States Department of Housing and Urban Development (HUD), is the insurer of loans made through a variety of government programs, particularly FHA loans. When a lender forecloses on a government insured loan, HUD ...

  6. Foreclosure suit targets properties owned by Santa Fe real ...

    www.aol.com/news/foreclosure-suit-targets...

    The 114 and 116 Palace Ave. properties are listed for sale by Santa Fe Properties for a combined $4.3 million. Associate broker Christine McDonald, listed as the contact for the properties, did ...

  7. Hidden costs of buying foreclosed properties - AOL

    www.aol.com/2008/12/05/hidden-costs-of...

    Foreclosed homes often come with a variety of repair and financial issues that can add up to major expenses. Before starting your property search, make Hidden costs of buying foreclosed properties

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