Listing Agent and Office: Eric Lowry, Keller Williams Realty
Just Move In!! This Terrific Home Features A Warm, Inviting Family Room, Granite Kitchen, 1st Floor Study, Large Master w/ Luxury Bath, Formal Living & Dining Rooms...
When a home owner misses payments on his or her mortgage, the loan becomes default and the home or property becomes distressed. What happens next depends on an appraisal and the equity of the home. If short sale isn’t a viable option for the home owner and the lender, the foreclosure process takes over and the home or property goes up for foreclosure auction.
A bank-owned property (also referred to as a "real estate owned" or "REO" property) is one that was up for sale at a foreclosure auction but did not sell and therefore now belongs to the lender (usually a bank, but can also be any government agency or loan insurer.)
Eric Lowry Keller Williams Realty Associate Partners 7395 Kingsgate Way West Chester, Ohio 45069 Phone #: 513-874-1830 Fax #: 513-842-8684 Email: Eric@LowryTeam.com
"Providing Personal, Professional Real Estate Service" Eric is a full-time real estate professional specializing in the sale of existing and new construction homes in the Cincinnati, West Chester, Beckett Ridge and Liberty Township, Ohio areas. Eric is also very experienced in working with relocating clients searching for a home in West Chester, Mason & Liberty Township and in working with their relocation companies. In today's real estate market "Experience Counts"!
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