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How to Find and Purchase Bank Owned Properties
Bank owned properties, also known as Real Estate Owned (REO) properties, offer unique opportunities for homebuyers and investors to purchase homes at potentially lower prices. These properties have been foreclosed upon and are now owned by the bank, often being sold...
Demystifying Escrow: How Does Escrow Work in Real Estate Transactions?
What is Escrow? How does escrow work? First, it’s essential to understand what escrow is. In real estate, escrow is a neutral third party that holds funds, documents, and instructions related to the transaction until all the terms of the agreement are met. This...
Floating Cabins: The Coziest Floating Homes on Earth
Are you considering buying and living in a floating home? Floating cabins offer a unique and cozy lifestyle that combines the rustic charm of traditional cabins with the tranquility of living on water. In this blog post, we’ll explore what makes a house a cabin,...
What is REO Foreclosure?
When a homeowner can’t pay their mortgage and a resolution is not possible, the property may eventually be seized and sold by the bank. This process is called foreclosure, and it can create opportunities for buyers in the real estate market. One particular type...