Posted by
Jeffrey in
Bank Owned Foreclosures on
11 18th, 2008 |
11 Comments
So here are some intersting facts. I received some information concerning the percentage of home that are sold as REOs in the Maricopa County in Arizona. REOs are not short sales, they are properties that have taken back by the lender after foreclosure.
40% of reported sales for Maricopa County, Arizona in September were Lender Owned.
51% of reported sales for Glendale, Arizona in September were Lender Owned.
43% of reported sales for Goodyear Arizona in September were Lender Owned.
42% of reported sales for Peoria Arizona in September were Lender Owned.
44% of reported...
