Forclosures or Foreclosures?

When referring to bank owned property, commonly call REO (real estate owned), we are talking about “foreclosures“. While it is commonplace to read even “experts” who have used the word forclosures, it is not an acceptable, alternative spelling.

What all of us can agree on is, regardless of if we are discussing the fictional word forclosures or the substance of REO resulting from a foreclosure, we all want to buy our properties for the least amount possible.

Now, in addition to making your best deal, you can also get two kinds of cash back when you work through: