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Foreclosure/REO

REO is an abbreviation for a Real Estate Owned property. REOs and FORECLOSUREs are not the same thing. However, an REO is only produced as a result of a foreclosure where the lender has repossessed the property to re-sell.

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Loss Mitigation

Loss Mitigation is used to describe a third party assisting in the process of negotiation between a homeowner and their lender. Loss Mitigation works to negotiate terms for the homeowner that prevents foreclosure.

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A short sale is a sales transaction in which the seller’s mortgage lender agrees to accept a payoff less than the balance due on the loan typically executed to prevent foreclosure, but may or may not involve a property in foreclosure.

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SOLD – 9892 Meadowood Drive

Submitted by admin on Tuesday, 17 February 2009No Comment
SOLD – 9892 Meadowood Drive

MLS # I08123707

Price SOLD

Type Single Story

Bedrooms 4

Bathrooms 2.5

BEAUTIFUL CUCAMONGA HOME!!!!!! VERY NICE SINGLE-STORY “BARRATT” HOME OFFERS 2,874 SQ.FT, 4 BEDROOMS 1 CONVERTED TO EXECUTIVE OFFICE, 2.5 BATHS, GRANITE KITCHEN COUNTERS, 20″ TILE FLOORS, UPGRADED LAUNDRY ROOM, BACKYARD PERFECT FOR FAMILY ENTERTANING. HOME SITS ON 21,700SQ.FT. LOT. A MUST SEE!!!!!!!



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