Short Sale Vs REO What is the difference between a Short Sale and an REO? In a short sale, the house is still owned by the home owner and they are trying to sell the house if the lender forgoes their past due mortgage fees. REO stands for real estate owned where the lender already owns this house and they will sell the house right away to recover the losses due to a short sale.
Islamic Banker, UIF, 682-500-4615 - Granbury, TX
Customer Satisfaction
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale
Mahesh, I liked the idea of XtraNormal videos - easy to create and does promote our business.
Aug 26, 2012 03:25 PM
First Team Real Estate - Anaheim Hills, CA
Call Me And Consider It Done!
Rafeeq, thanks for the comment. We want to keep it short and simple, this process is already complicated...!
Aug 26, 2012 11:15 PM
First Team Real Estate - Anaheim Hills, CA
Call Me And Consider It Done!
Rainmaker
330,501
330,501
Mahesh Mike Patel
Call Me And Consider It Done!
Service Areas
Real Estate Resources
I work with both buyers and sellers. My experience includes transactions with traditional Sales, Short Sales, bank owned sales and investment sales.
I have over 17 years of Experience and Results.
Certified Short Sales Expert, CDPE
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