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. During the appraisal, a licensed appraiser will take inventory of major systems (i.e., Step 6: Make an Offer. 10 Steps to Buying REO Properties.
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