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How is purchasing REO properties different than “regular” real estate purchases?

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How is purchasing REO properties different than “regular” real estate purchases?

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10

REO properties are owned by corporations rather than individuals. This leads to significant differences in all aspects of the purchase. See our Buyer’s Guide for an in-depth discussion of this topic. Question: I have a real-estate agent (buyer’s agent) that will represent me in the purchase of property. There is a property listed on the Coldwell Banker King Thompson web page that I would like to know more about.

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