What’s the difference between a regular foreclosure and an REO foreclosure?

by homesave on May 9, 2008

I’ve been looking up foreclosures at the county office to buy a foreclosure (the ones about to be auctioned). Someone said I should be looking at REO foreclosures. What’s the difference, and how do I buy one and or get info on these?

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What’s the difference between a regular foreclosure and an REO foreclosure?
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