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Financial services firm Consolidated Analytics acquires Real Info

Housing Wire

The Santa Ana, California-based financial services company provides solutions including due diligence services, property valuations, mortgage fulfillment and consulting and advisory services. Terms of the deal were not disclosed.

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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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A Comprehensive Guide to Finding the Best Foreclosures in Your Area

Realty Biz

Navigating the real estate landscape can be challenging, especially for beginners. However, it requires a sound strategy and due diligence to find the best deals. Real estate agents specializing in foreclosures can also provide you with listings and valuable insights.

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How do Foreclosure Auctions Work? How to Find Properties, Research, and Bid

HomeLight

“The title’s been checked out, you can go inside the house and look at it and do all your due diligence. With the courthouse steps [auction], you literally do no due diligence.”. An online option like a real estate owned (REO) property, you’re not spending any money into it,” says Durham.

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How Does Buying A Foreclosure Work? Take Our Hand, We’ll Walk You Through It

HomeLight

REO owned: If the home doesn’t sell at auction, it becomes real-estate owned, meaning the bank or lender owns it. Finally, a third way to buy a foreclosure is through a real-estate owned, or REO, listing. REO listings. You’re buying as-is.

Banks 112
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Buying REO Homes? Here’s What to Do — And What Not to Do — According to Experts

HomeLight

In the market for a “ real estate owned” property ? Experienced REO buyers swear by this method of wealth-building through real estate. REOs for short, these kinds of sales expose buyers to a lot of potential risk.

Banks 104
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What Is a HUD Home? Are the Savings Worth the Risks?

HomeLight

Collinge explains it’s best to first submit your electronic bid, and if it’s accepted, have a professional inspect the house during the 15-day due diligence period , before signing on the dotted line on the settlement date. It’s also important to know what the inspection process involves, depending on the house’s location. “In