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  1. Sep 30, 2019 · After foreclosure auction, the homes that don't sell become real estate owned properties, or REO properties. What that means and how you can buy one.

  2. Filter your house search to just find bank owned homes and REO properties in Ohio matching Bank Owned. Get a great deal that could be lower than market value.

  3. May 29, 2024 · If you want to buy a house but the prices in your area are turning your hair white, it might be worth looking into post-foreclosure properties, otherwise known as real estate owned (REO)...

    • Jeff Somers
  4. A real estate-owned property (REO) is a property that is no longer owned by the mortgage lender but is owned by the bank. Generally speaking, a bank does not want to own a property. Banks are not in the business of holding onto loans that aren’t making money, so oftentimes banks are more than willing to sell REO properties at a discount.

  5. Browse 1293 foreclosure homes in Columbus, OH, current as of July 2024 on HousingList. Listings include REO, Fannie Mae/Freddie Mac, pre-foreclosures and more.

    • 51%
    • 49%
  6. Nov 2, 2022 · A real estate owned (REO) property that's owned by the bank often sells for below market value, and could be a good deal if you're looking to purchase a home.

  7. Looking to invest in real estate? This comprehensive guide will walk you through the process of finding and purchasing REO properties, offering expert tips and insights to help you navigate the intricate world of real estate-owned homes.

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