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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]
Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...
Judicial foreclosure: With a judicial foreclosure, the lender files a lawsuit and the borrower is notified of the non-payment. The homeowner has 30 days to make up the missed payments, otherwise ...
Pismo Beach (Chumash: Pismuʔ) is a city in the southern portion of San Luis Obispo County, in the Central Coast area of California, United States. [10] Its estimated population was 8,072 at the 2020 census, up from 7,655 in the 2010 census.
Palm Beach County's most real real real estate news. ... A potential foreclosure in tony Palm Beach if Giuliani doesn't pay up. 315 S. Lake Drive, Palm Beach. As reported by Mike Diamond, ...
A new development promises to bring affordable housing to a rare spot in San Luis Obispo County: Shell Beach. After breaking ground on the project in December 2022, Shell Beach Senior Apartments ...