EDU Articles
Learn about investing, trading, retirement, banking, personal finance and more.
What is Bank-Owned Property?
If a bank forecloses on a home, and it does not sell at auction, it becomes bank-owned-property.
Bank-owned property, also known as real estate owned (REO) property, was taken over by a bank because the owners did not pay their mortgage obligations, and it did not sell at auction.
After a foreclosure, an auction is announced in the paper, and a company who contracts with the fe to sell the property money and recoup some of the lost to bad debt. If no one buys it at auction, it sits on the bank’s books as REO.
An experienced real estate agent, or one that specializes in foreclosed properties, can help a potential buyer navigate some of the unique characteristics of buying such properties and negotiating with a bank.
Banks also do not attempt to dress-up such properties, so the buyer will bear the financial burden of any repairs needed, and it would be wise to enlist the help of a home inspector to make sure there aren’t significant safety or structural issues with the building.
What is Chapter 7?
Can I settle my debts for less than I owe?
What is a Secondary Offering?
A secondary offering is the sale of a large block of previously-issued, privately-held stock, requiring SEC registration
What is active money management?
Active management is when an investor or money manager attempts to outperform an index or benchmark using tactic strategy
Can I Start Collecting My Social Security Benefits If I’m Still Working?
If you start to take benefits while working and before the normal retirement age, your benefit will be reduced
Can I Rollover My 401(k) into an IRA?
Yes, in fact this is what most people do. This is a very popular choice. Because IRAs receive the same tax treatment
What Should My First Savings Vehicle Be?
Start basic, and just open a savings account at a bank or create a brokerage account at a major custodian like Fidelity
What is Weighted Average Market Capitalization?
Weighted Average Market Capitalization is a method which gives market cap, for a company, greater weight
What is the Bond Market?
You might not know it, but the Bond Market is about twice the size of the Stock Market. It's true: in the US and...
What is a Federally Covered Advisor?
The IASC was part of the NSMIA legislation passed in 1996. Up until that point, all advisors were regulated by the SEC
What are market indicators?
Market indicators are quantitative tools for the analysis of market information, which may hint or confirm that a trend
What is Total Enterprise Value?
Enterprise value is an amount that would have to be paid for a company to acquire all of its equity and debt