Buying REO Properties: Tips, Pros, Cons & FAQs
May 25, 2022 8:00 amKey Takeaways Key Takeaways: What are REO properties? The REO Process How to buy REO properties Benefits of REO properties... View Article
Key Takeaways Key Takeaways: What are REO properties? The REO Process How to buy REO properties Benefits of REO properties... View Article
When it comes to short sale vs foreclosure vs REOs, there are a number of differences to consider, but the fact of the matter remains: these properties can offer attractive profit margins. Investors willing to learn the ins-and-outs of each property type may find themselves in the midst of more lucrative opportunities.
Short sales, foreclosures and real estate owned (REO) properties all share inherent similarities, but it’s their differences that you should pay special considerations to. If for nothing else, it’s not the commonalities each one shares with its counterparts, but rather their differences that will likely determine which exit strategy you choose to pursue.