Tuesday, February 7, 2012
Are REO Investment Properties Right for You?
If you are getting involved with real estate in Mammoth Lakes you may have heard the term REO without really knowing what it refers to and how it could play a part in your current an/or future real estate investments. REO is actually just an acronym that stands for real estate owned by the bank. REOs are becoming more and more popular with the increase of foreclosures due to homeowners not being able to make their mortgage payments. This is unfortunate for some, but by result, you can really
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