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What does REO mean?
So what exactly does REO mean? Well “REO” stands for “Real Estate Owned” and it’s an internal term used by lenders to describe foreclosed properties that they have acquired. They are also called “Bank Owned Homes” and “Foreclosure Properties”. Essentially, our surplus of bank owned homes in today’s market is caused by the housing bust [...]
Read More >>Our Loan Calculator Tool
An incredibly powerful Loan Calculator is available for you to use as part of our website. Just simply fill in the fields requested and it will create an easy to read pie-chart and table for you. It is available on the main page on the right and on the left hand sidebar throughout the website. [...]
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