Why Your New Year’s Resolution Should Be to Buy a Bigger Home

Real Estate

it stands for “Real Estate Owned” – as in Real Estate owned by the bank. This means that the previous owner both could not promote quick, or the financial institution wouldn’t enable it.

Loss of Local Revenue When a home has been vacated as a result of foreclosure, it means that there is no one residing within the property, and there’s no one to pay local property taxes. This may be disastrous to native authorities agencies that depend on this revenue. For example, the municipality of Greenville, California obtained over forty{9d9681e4c6dc2bcc365b21c2d56e28b5b32bbb1e70b651a9b83f3bf689c16ca7} of its revenue from property taxes and …