Wasilla AK Foreclosure

Foreclosures on the Rise in Mat-Su Borough

Matanuska-Susitna County, AK has been seeing a rise in Foreclosure activity, according to recent data recorded for March 2010.   The area that has the highest amount of new Foreclosure Activity being Wasilla, AK with 50 and Palmer, AK next in line with 19 foreclosures; the total number of new foreclosures in Mat-Su Valley for March … Continue reading Foreclosures on the Rise in Mat-Su Borough

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What Exactly is an REO Property?

What is REO property?  REO (real estate owned) is property which has been taken back  by the lender.  REO properties typically sell for less than comparable real estate listings as the lender usually wants to recoup the value of the loan which is traditionally less than the value of the property.  The differences between REO … Continue reading What Exactly is an REO Property?

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