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The current REO market requires an expansion of services for business growth

Housing Wire

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans.

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Government Websites, Real Estate Agents, A Drive around the Block, And More Ways to Find REO Homes in Your Area

HomeLight

If you’re in the market for real estate, either as an investment or a residence, REO (which stands for “real estate owned” also known as “bank owned”), homes can offer you a deal, but without the hassle of dealing with a foreclosure auction. Source: (Roger Starnes Sr / Unsplash). What is an REO home?

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12 profitable real estate niches to explore now

Real Trends

Agents might want to focus on wealthy buyers or investors in private property or commercial real estate with or without investment property loans. Another possible niche is buyers who need creative financing, such as rent-to-own financing or owner financing.

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FHA, FHFA re-up eviction bans at Biden’s urging

Housing Wire

Most of the nation’s 44 million rental households are owned by private companies with sometimes complex financing from commercial banks and insurance companies. Both the FHA and FHFA eviction ban extensions apply to their stock of foreclosed or real-estate owned (REO) properties. were delinquent and 10.0%

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