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what are Real Eastes
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Answer / balram gorak
"Real Estate" means any immovable porperty, particularly
land with buildings on it.
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Answer / varsha
An REO (Real Estate Owned) is a property that goes back to
the mortgage company after an unsuccessful foreclosure
auction. You see, most foreclosure auctions do not even
result in bids. After all, if there was enough equity in
the property to satisfy the loan, the owner would have
probably sold the property and paid off the bank. That is
why the property ends up at a foreclosure or trustee sale.
Since what is owed to the bank is almost always more than
what the property is worth, very few foreclosure auctions
result in a successful sale. Then the property "reverts"
to the bank. It becomes an REO, or "real estate owned"
property.
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Hi,I am 3yrs exp IT Professional. I had attended interviews from two companies and cleared all the rounds in both the companies. for example company 'A' & 'B'. (In both I preferred Company 'B' most).But Company A released the offer letter immediately and company 'B' did not released the offer at that time. So i thought the company is not ready to offer the package which I preferred. So i joined the company 'A'. After 3 weeks the company 'B' released the offer letter with preferred package. Now I want to join comapany 'B'.Unfortunetly i joined the Company 'A' and 3 weeks was completed. Is there any chance to join company 'B'?.If i joined what kind of legal action can be taken on me from company 'A'? Please advice me is it Good to switch now else better to be here in the company 'A'.
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