Andy Olszowka
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    Is the Bank Own REOs are Cheap?

    REOs are usually good deals and comparable to other properties cheap? Foreclosed properties are properties that have been taken over by the bank because of the failure of the owner to keep up with monthly mortgage payments. The bank can initiate foreclosure proceedings 90 days after the last payment was made. The property will then be […]

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    Avoid Deceptive Home Improvement Contractors.

    Avoid Deceptive Home Improvement Contractors. Don’t be taken advantage of before you sign for your new house When hiring a contractor to do home improvements, protect yourself from shoddy work and contractor fraud by following a few sensible guidelines. Ask people you know to recommend a contractor they have used and whose work they have […]

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    Avoid Buying a Home With a Bad Layout.

    Avoid Buying a Home With a Bad Layout. Don’t let poor design ruin your plans. Have you ever lived in a house with nowhere to hang laundry? How about a place with a bedroom off the kitchen? If you have, it probably drove you nuts. Bad planning is sometimes really obvious when you take a […]

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    Appraise a Foreclosed Home.

    Appraise a Foreclosed Home How to Conduct an Appraisal on a Foreclosed Home. A foreclosed property, where the previous owner defaulted on mortgage payments, can often represent a bargain if you a looking for a new home. A bank or financial institution may be willing to sell the property at a price below its market […]

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    Appraise a Bank Owned (REO) Property.

    Appraise a Bank Owned (REO) Property What’s Involved in Appraising an REO Property? You’ve been looking to move, and you’ve finally found the home of your dreams. You think that the place is a bargain as it’s a foreclosed or REO property, where the bank or financial institution took possession from the previous owner who […]

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