Title is clean in REO auction. Lender will buy

来源: 大丫 于 2008-02-25 11:29:22 [] [旧帖] [给我悄悄话] 阅读数 : (294 bytes)
回答: REO means Real Estate Owned by lender. 由 大丫 于 2008-02-25 10:38:05

title insurance for buyer. I don't think bank have any problem to rent house. Actually in this REO auction, there are several mulyi-units properties were in rent out status (with tenants). It is clearly shown on the auction list.
All properties were sold as-is. Bank will not do any repair.

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