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Bank owned REO and foreclosed property numbers jumped in Alabama in February 2011 compared with month-ago levels. The increase from January was more than 20%.

Learn how to buy a foreclosure at an REO house auction, not a trustee sale auction. Auction.com also known as REDC offers bank owned homes for sale online and at live events nationwide. Join our youtube channel and get automatic updates of videos we post

A home inspection is important when buying a house in Orlando because many of the houses are bank owned and have been uninhabited for a long time. This makes getting a home inspection a top priority for potential home owners. A home inspection is important for potential buyers so they are not met with any surprises in the future.

The number of new houses sold in the U.S. in November was less than what economists predicted. According to analysts, unemployment and the presence of listings of bank-owned homes affected the result.

Bank owned land and other cheap pieces of undeveloped real estate are gaining the interest of investors. In Minnesota, a farmland was bought by a REIT recently.

Bank owned land listings, residences and almost all types of real estate sales were affected by the weather. In Missouri, the effect was greatest among houses.

The number of South Florida foreclosures topped all metro areas in the United States during the first half of 2010. Almost four percent of homes in the area received notice during the period.

Repossessed homes and non-foreclosed housing unit sales declined last year in most Texas areas. However, prices of houses increased slightly in 2010 from 2009.