Today’s real estate market can be challenging for homebuyers. A sustained rise in prices has made the market increasingly expensive, and competition for properties can be intense. Bank-owned ...
Homes can become bank-owned properties if the homeowner defaults on their mortgage and the bank forecloses. Bank-owned properties may also be referred to as real estate owned, or REO for short.
A recent data analysis by the Federal Reserve Bank of Cleveland shows that, in recent years, more out-of-state investors have ...
Across the country, those buying bank-owned homes paid 40 percent less than the median sales price. But in Dayton, that discount is 68 percent, putting the Miami ...