Homes can become bank-owned properties if the homeowner defaults on their mortgage and the bank forecloses. Bank-owned properties may also be referred to as real estate owned, or REO for short.
VA- and FHA-backed mortgages helped drive the increase in property volume, but sales did not maintain the same pace, ...
https://www.thehindubusinessline.com/portfolio/personal-finance/why-property-purchase-via-bank-auctions-isnt-a-cake-walk/article70248124.ece Copy Buying a house via a ...
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