The REO Guide: 10 Steps to Buying a Bank-Owned Home
PennyMac
DECEMBER 22, 2020
Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. One thing that can speed up the REO homebuying process is getting pre-approved by the lender that owns the home. Step 6: Make an Offer.
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