Posts Tagged ‘REO’
Foreclosures vs Short Sales
What’s the Difference Between a Foreclosure and a Short Sale? One of the most frequent questions we get asked is whether it’s better to buy a foreclosure or a short sale. Which one will you get the best deal on? Click Here for Free List of Naples Foreclosures Foreclosures in Naples, Florida and other parts of Southwest Florida can have significant advantages…
View Details>>Luxury Foreclosures in Naples On the Rise
Mentioning “luxury” and “foreclosures” in the same breath may not make sense in most cities, but in Naples, Florida the increase in overall foreclosed homes due to the housing crisis has created a new animal that is becoming part of the local real estate market. Total 2010 year-to-date foreclosure sales of residential properties in Naples as…
View Details>>What Does REO Mean?
You may have heard the term REO used more often lately on the news or in conjunction with real estate. REO is an acronym for Real-Estate-Owned. Most REO’s are owned by a lender at a result of a foreclosure on a property. Lenders refer to these properties as REO since that is how the asset…
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