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  2. Is It Smart to Buy a Foreclosed Home? Weighing the Pros & Cons

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

    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. 20 Best Cities Where You Can Buy a House for Under $100K - AOL

    www.aol.com/20-best-cities-where-buy-190224450.html

    19. Columbia, South Carolina. Total active listings: 446 Active listings under $100,000: 20 Percentage of listings under $100,000: 4.48% Consider This: 6 Best Cities To Buy Property in the Next 5 ...

  4. Yes, You Can Buy a Decent Home for $10,000 or Less - AOL

    www.aol.com/news/2011-09-28-yes-you-can-buy-a...

    (The house above, located in Garfield Heights, Ohio, is listed for just $9,900.) Buy a house for less than it costs to buy a car? According to a recent report in Time's "Moneyland" column, this ...

  5. Foreclosure investment - Wikipedia

    en.wikipedia.org/wiki/Foreclosure_investment

    Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property.. In real estate, foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.

  6. Odell Barnes (entrepreneur) - Wikipedia

    en.wikipedia.org/wiki/Odell_Barnes_(entrepreneur)

    For decades, Barnes has been buying foreclosed homes in bulk from banks and other mortgage-lenders and selling them to a network of private investors and directly to homeowners. Barnes and his investors sell the homes below current market value , typically with low down payments and higher-than-normal interest rates.

  7. 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]