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

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

    Bank-owned properties may also be referred to as real estate owned or REO homes, REO properties or simply REO. You might see a property listed with details like REO foreclosure, meaning a ...

  3. Is It Ever a Good Idea to Buy a Bank-Owned Home? - AOL

    www.aol.com/finance/ever-good-idea-buy-bank...

    Real estate owned (REO) properties offer the opportunity to purchase homes for attractive prices to home buyers who can navigate the specifics of how these properties come to market.

  4. 'Shadow REO': As Many as 90% of Foreclosed Properties ... - AOL

    www.aol.com/news/2012-07-13-shadow-reo-as-much...

    A pretty, manicured home sits six doors down from Phil Faranda's in Briarcliff Manor, N.Y. To look at it, most passersby would think that the tidy house is occupied by a nice family that gives it ...

  5. 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]

  6. Invitation Homes - Wikipedia

    en.wikipedia.org/wiki/Invitation_Homes

    On January 23, 2017, Fannie Mae funded $1 billion of debt to Invitation Homes as back-up money; four years prior, Fannie stopped another government-sponsored entity buying distressed homes, and Fannie's acquisition with the Blackstone entity was the first time in history it backstopped a single-family house landlord company. [11]

  7. Foreclosure investment - Wikipedia

    en.wikipedia.org/wiki/Foreclosure_investment

    A pre-foreclosure short sale can be a good opportunity for investors to buy a property at a discount directly from a financially distressed homeowner. [5] On completion of the publication process, the foreclosure action will be permitted to proceed and the owners have a limited amount of time to pay up, sell, or make other deals with creditors.

  8. REO to Rental: Fannie Mae Dips Further Into Foreclosure Pool

    www.aol.com/news/2012-03-01-reo-to-rental-fannie...

    Fannie Mae waded further into the foreclosure pool on Monday as it released new details on its plan to sell its repossessed homes as rental properties. The pilot program, first announced in August ...

  9. Odell Barnes (entrepreneur) - Wikipedia

    en.wikipedia.org/wiki/Odell_Barnes_(entrepreneur)

    In 2008, with the Financial Crisis in full swing, Odell was one of the few people still doing well in the real estate market. "Two years ago, you bought 100, 200 houses a month, now you buy 2,000 to 3,000 houses a month and it's going to be more," Barnes said.

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