As opposed to buying
directly at a foreclosure sale, one advantage for an investor buying an REO is that you can get inside the property.
Not exact matches
FHA lenders must verify that
at least one year has passed since the
foreclosure, short sale or bankruptcy and that the economic event was
directly responsible for the bankruptcy or
foreclosure rather than any irresponsible behavior by the borrowers.
He then used these advertisements — hawking, in bold graphics, services targeted
directly at local inhabitants, from
foreclosure assistance to paternity testing — to make collages.
The effect of these terms may lead to
foreclosure of other suppliers or buyers, facilitate collusion
at the supplier or buyer level, or
directly lead to a reduction of intra-brand price competition through retail price maintenance.
Some real estate investors buy
at foreclosure auctions; others buy REO properties
directly from the bank.