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Real Estate & Property Law

: Housing Wire

In REO Auction, a Winner by Default

By DIANA GOLOBAY

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When G8 Capital placed its bid on a bulk real estate-owned (REO) portfolio of 182 residential properties across 27 states, it entered a close race to win. It failed initially. G8 Capital had placed the second-highest bid on the bulk REO portfolio, which then went to the top bidder. But when the buyer eventually could not [...]

Full post as published by Housing Wire on May 06, 2009 (boomark / email).

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