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Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

But before you do there's one last factor to consider: the home appraisal. Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Here's what you need to know about home appraisals so that you come prepared.

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The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

What is a Real Estate Owned (REO) Property? REO, which stands for “Real Estate Owned,” is a term applied to foreclosed properties whose ownership has transferred to the bank or lender. REO properties are attractive to homebuyers or real estate investors for several reasons.