Bank Owned Properties in the Florida Keys
Bank owned properties, also know as REO's, appear in almost every marketplace across the nation and the Florida Keys are no exception.
REO stands for Real Estate Owned and it refers to real estate property that was previously a security for a mortgage loan. The previous owner defaulted on the loan and the lending institution foreclosed on the owner and took ownership of the property. Follow the link below to see a list of properties being offered in the Florida Keys that are currently REO being marketed in the Florida Keys MLS.
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