What’s the easiest way to make money on a foreclosure home? Purchase a foreclosure
home that needs some repairs (over $5,000.00) and apply for a 203k loan.
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REO is an acronym for "Real Estate Owned," which indicates that the home has been foreclosed
upon and is currently on the market or soon will be. The foreclosure homes found
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Bank REO (real estate owned) properties are the most time consuming and most
complicated foreclosure homes to become involved in. Information on bank REOs is
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Imagine a busy lending office where a loan officer has just ordered a credit
report. He hears the whir of the laser printer and he knows the pages of the credit
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