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James Odell Barnes Jr. (aka Odell Barnes) has earned the nickname "Foreclosure King." His firm, Odell Barnes REO, is a bulk-buyer of foreclosed homes in the United States. [1] 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
Within five years, it became the country’s biggest commission-free real-estate bazaar. Between 1999 and 2010, ForSaleByOwner.com saved home sellers more than one billion dollars in brokers' commissions. In 2010 alone, ForSaleByOwner.com facilitated sales of $1.8 billion worth of residential real estate.
A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
RealtyTrac, an Irvine, Calif.-based data company, reported that the foreclosure rate dropped by about 5 percent during the first half of Foreclosures at All-Time High, Buyers Are Bargain Hunting ...
The 'Million Dollar Listing Los Angeles' star officially became the ultra-modern home's new owner on Oct. 16 Reuters 3 months ago Australia PM launches affordable housing plan, buys $2.9 million ...
A bargain and sale deed is especially used by local governments, fiduciaries such as executors, and in foreclosure sales by sheriffs and referees. [ citation needed ] The fact that it comes without any warranties from the government means that the new owner may not have a good title.
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