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Bank-owned homes Thousand Oaks & Camarillo

Several people have asked us “what is the difference between bank-owned, foreclosures and REOs?”

All of these terms are used interchangeably and mean the same.  A foreclosed property has gone back to the bank and the property is now real estate owned by the bank.  So whether you call it a bank-owned, foreclosed property, or REO, they all mean the same thing. 

It has been two weeks since last we posted the bank-owned properties in Thousand Oaks and Camarillo.  Since that time, the inventory of REOs in the Conejo Valley has increased by five properties.   Camarllo has added three more bank-owned properties to the active inventory.

The Conejo Valley (Newbury Park, Thouand Oaks, Westlake, Oak Park) has a total of 50 properties on the list.

Camarillo has a total of 23 bank-owned properties on the active list this week. 

If you would like to have the complete listing of bank-owned properties throughout Ventura County delivered to your email in-box as they come available, please send me an email at Joyce@805Local.com  We can set you up on an auto email.  Get a jump on the steal and deals in Ventura County!

About the Author: Joyce Zangmeister

Joyce has been in a Realtor in the 805 for over two decades. She represents buyers and sellers in Thousand Oaks, Camarillo, Ventura, Oxnard, Simi Valley and Moorpark. Her motto is "Doing Real Estate Right." Joyce can be reached at (805) 377-7172.

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