Remove Probate sale Remove Property Management Remove Real-estate owned
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Distressed Property: What It Is And How To Invest

AAOA

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. Banks often want to offload these properties quickly, which incentivizes them to sell at favorable prices. This is where property managers come in.