The REO Guide: 10 Steps to Buying a Bank-Owned Home
PennyMac
DECEMBER 22, 2020
Some homebuyers are intimidated by foreclosed and bank-owned homes because they often require more renovations — and a different type of negotiation — than other options on the market. Whether you’re buying the home to live in or as an investment, these 10 steps should help set you up for success with bank-owned properties.
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