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

    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. Clayton Homes - Wikipedia

    en.wikipedia.org/wiki/Clayton_Homes

    Website. www.claytonhomes.com. Clayton Homes (or Clayton) is the largest builder of manufactured housing and modular homes in the United States. [1][2] It is a wholly owned subsidiary of Warren Buffett's Berkshire Hathaway. [3] Clayton Homes' corporate headquarters are in Maryville, Tennessee. [4]

  4. Foreclosed Homes for Under $50,000 - AOL

    www.aol.com/news/2008-01-28-foreclosed-homes-for...

    For premium support please call: 800-290-4726 more ways to reach us

  5. Real estate owned - Wikipedia

    en.wikipedia.org/wiki/Real_estate_owned

    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 ...

  6. National Community Stabilization Trust - Wikipedia

    en.wikipedia.org/wiki/National_Community...

    Founded. 2008. Headquarters. Washington, D.C., United States. Website. www .ncst .org. The National Community Stabilization Trust ( NCST or Stabilization Trust) is a Washington, D.C. -based non-profit organization that facilitates the transfer of foreclosed and abandoned properties from financial institutions nationwide to local housing ...

  7. What Is an REO? - AOL

    www.aol.com/news/2013-03-15-reo-bank-owned-home.html

    The banks repossessed millions of homes, listing them as REOs. Today, as investors look to buy these homes and turn them into rentals , the term REO-to-rent has become quite common.

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