Foreclosure Information
Sarasota Real Estate Siesta KeyDate Submitted:
02/19/07
Description:
There are three basic types of foreclosure properties, representing different stages in the foreclosure process: notice-of-default (NOD) and notice of trustee sale (NTS), which are both pre-foreclosure properties; and real-estate-owned (REO), a foreclosure property which has been re-purchased by the bank.
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