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Looking For A Realtor To Market Your REOs?
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As a previous Asset Manager, I’ve managed hundreds of assets in my inventory. I have a working knowledge of REO Policies, Procedures and Practices. Benefit from the hands on corporate REO experience and knowledge I have gained by having the unique advantage of being exposed to this dynamic industry from both sides of the perspective . . . As an REO Asset Manager and as an REO Agent. (909) 476-9600

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Foreclosure/REO

REO is an abbreviation for a Real Estate Owned property. REOs and FORECLOSUREs are not the same thing. However, an REO is only produced as a result of a foreclosure where the lender has repossessed the property to re-sell.

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Loss Mitigation

Loss Mitigation is used to describe a third party assisting in the process of negotiation between a homeowner and their lender. Loss Mitigation works to negotiate terms for the homeowner that prevents foreclosure.

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A short sale is a sales transaction in which the seller’s mortgage lender agrees to accept a payoff less than the balance due on the loan typically executed to prevent foreclosure, but may or may not involve a property in foreclosure.

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SOLD – $284,900 – 7469 Holloway Road

Submitted by Mykel on Tuesday, 17 February 2009No Comment
SOLD – $284,900 – 7469 Holloway Road

MLS # C09003076

Price $284,900

Type 2 Story

Bedrooms 4

Bathrooms 2.5

This Corporate Owned home features soaring vaulted ceilings, Gourmet kitchen w/center island. Family room with cozy fireplace that leads out to a low maintenance rear yard with pool, spa and extraordinary mountain views; The lower level offers ceramic flooring with a custom marble inlay in the dining room. The upper level has 4 spacious bedrooms with warm hardwood flooring. The location is close to schools & shopping with easy freeway access. Entertaining backyard, great views, open floorplan flooded with natural light, and great location make this home a stand out.

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