REO homes are freehold homes sold by banks after foreclosure, often at a competitive price. They can be purchased at auction or directly from the bank, with favorable terms for qualified buyers. Investors can acquire them below market price to expand rental businesses. REO homes are freehold homes that are often offered for purchase at […]
As foreclosures rise in the US, the demand for REO agents increases. However, becoming an REO agent is competitive, and success depends on building relationships with banks and lenders. REO agents must also be prepared for the unpleasant aspects of the job, such as evictions and dealing with leftover belongings. The key to profitability is […]