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REO

When the economy experiences a downturn, homeowners may face various predicaments that require them to turn their property over to the lending institution due to the inability to meet mortgage payments. This results in an inventory of properties that financial institutions aim to unload off their books through an REO transaction. While this can be a great opportunity for potential homeowners or investors, it's important to note that REO transactions come with strict deadlines, stringent requirements, and unique challenges, as you are buying property from a lending institution.

Escrows For You is well-versed in managing REO transactions and recognizes the significance of promptly addressing all matters. Select us to handle your transaction with confidence that you are working with knowledgeable professionals!

Additional Services

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1031 Exchange

1031 Exchange

Definition: A 1031 Exchange is a Real Estate Transaction that allows for the sale of one property, with the capital gains tax deferred due to the qualified purchase of another like-kind property in exchange, for tax purposes.

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Refinance

Refinance

Definition: Refinancing is the process of replacing an existing mortgage loan with new financing, wherein the funds from the new loan are utilized to satisfy the current loan, using the same property as collateral.

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New Home Sales

New Home Sales

Definition: The process of purchasing a house directly from the builder, either while it is currently under construction or when it is vacant and has not been occupied before.

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