Remove Bankruptcy Remove Inspection Remove Real-estate owned
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How to find foreclosure leads and turn them into clients

Housing Wire

Depending on where they are in the process, they might still be living in the home (also called pre-foreclosure), actively listed for auction or already repossessed by the bank (referred to as real estate owned or REO). Each stage represents a different kind of opportunity, and knowing how to approach each one is key.

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Distressed Property: What It Is And How To Invest

AAOA

Sometimes, life throws the owner curveballslike divorce, bankruptcy, or forced liquidationwhich can also lead a property down this path. Bank-Owned (REOs): Real estate-owned (REO) properties are ones that didnt sell at foreclosure auctions and are now owned by the bank or lender.