Here’s a quick video that reviews just what an REO is. REO is a term used in the real estate industry for a foreclosure. REO stands for “Real Estate Owned” as in owned by the bank. This video is part of our continuing education for real estate consumers and investors in the Sedona real estate foreclosure market.
Sedona Real Estate: Why Should You Buy An REO?
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Here’s a short (2min) informational video on foreclosures or as they are called in the Real Estate industry, REO’s or Real Estate Owned… As in owned by the bank.
It’s really applicable to the purchase of a forecosure home anywhere. It’s goes through the basic advantages of buying an REO or Foreclosure. Your investment is much more secure buying it on the market than on the courthouse steps.
Susan Deierling, ABR, CRS
Assoc. Broker
RE/MAX Sedona
Sedona AZ
(928) 451-6098 mobile/text/VM
(888) 494-0470 (US & Canada)
susan@sedonaemail.com
Troy Deierling ABR CRS
RE/MAX Sedona
Sedona AZ
(928) 202-0700 mobile/text/VM
troy@sedonaemail.com
