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How to Buy Bank-Owned Properties for Pennies on the Dollar: A Guide To REO Investing In Today's Market
By Jeff Adams
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By Jeff Adams
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Buy bank-owned properties at fire-sale prices!
Banks and lending institutions today own more than one million foreclosed properties, more are in the foreclosure pipeline. Banks desperately want to get these properties off their balance sheets, but there aren't enough buyers. The result is a soft real estate market with prices investors and homeowners may not see again in their lifetime.
In recent years many bargain-hunting investors and homebuyers made the mistake of trying to g…