Because a home that has been put into auction cannot be inspected, you may end up paying for something in terrible condition. This is why many of these foreclosed home end up not selling in auction and the bank takes possession of the property. Real Estate Owned (REOs) property, is often the better choice for those individuals looking for a steal in the real estate market.
Here is the original post: Use REOs to Save Money on Your New Home PurchaseUse REOs to Save Money on Your New Home Purchase
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