Why purchase an REO’s after foreclosure is complete?
June 25th, 2009
In: Business 25Jun2009 by Angela KleinertskiThere are different processes in purchasing a foreclosed property. One option is , the home can be sold at the foreclosure auction but the buyer should not be the homeowner. Second option, the lender can take the home back as the highest bidder. If one purchases the property at an auction he/she will be buying a property that may have major deficiencies with its title, structural issues, property taxes due, illegal structures on the property, un-per
