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  2. Is It Smart to Buy a Foreclosed Home? Weighing the Pros ... - AOL

    www.aol.com/lifestyle/smart-buy-foreclosed-home...

    Buying foreclosed homes soared in popularity during the Great Recession as a wave of foreclosures hit the market and drove down prices nationwide. While foreclosure rates since then have fallen ...

  3. How to Buy a Foreclosed Home - AOL

    www.aol.com/news/buy-foreclosed-home-204355933.html

    As home prices soar in many cities, buyers may look to foreclosures to land bargains on houses. Foreclosure happens when a borrower can no longer make mortgage payments, and the lender seizes and ...

  4. Hoping to Buy a Foreclosure? Here's Why That Will Be ... - AOL

    www.aol.com/finance/hoping-buy-foreclosure-heres...

    You might spend less on a home purchase if you buy a foreclosure. Read on to see why that may not be so feasible in today's market.

  5. Tips on Buying Foreclosure Properties - AOL

    www.aol.com/news/2008-09-10-tips-on-buying...

    If you ve been thinking about buying a foreclosure property as a smart investment or as a second home for your family, you may be on the right track. However, buying a foreclosed home is a task ...

  6. Real estate owned - Wikipedia

    en.wikipedia.org/wiki/Real_estate_owned

    REO sale property in San Diego, California. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]

  7. Buy a Foreclosure, Get a Break on Closing Costs - AOL

    www.aol.com/2011/05/18/buy-a-foreclosure-get-a...

    Freddie Mac is stepping in to make buying a bank-owned home a sweeter deal for you, reports Inman News. The agency is offering help with closing costs for buyers of Freddie Mac-owned properties.