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Published on Jun 9, 2011
Las Vegas real estate agent Todd Miller tours a new REO assignment and shows off the lovely mess of this place. This is very common for REOs to find them in this condition, but the banks do a good job of getting them cleaned up so that they have maximum resale value. Banks are very sensitive about keeping values up in neighborhoods, mostly because they have other loans in that area and if values fall it can cause more people to default on the mortgage.