At the middle school level (grades 6-8), Chinese students attend just under 1,000 hours of school per year, a figure similar to that of most U.S. states. Just as with India, the data shows that Chinese students are not required to receive 25 to 30 percent more in-school instruction per year than U.S. students.
REO is an acronym for R eal E state O wned and is industry jargon for foreclosure property repossessed by banks or lenders. If a lender or bank is the highest bidder at a foreclosure auction â or if no third party bids at the auction â the property reverts back to the lender and becomes an REO. REOs are owned by banks. Lenders go to great lengths to sell REOs.
This course covers the basics of working with sellers and buyers of REO properties. The goal of the course is to enable real estate professionals to participate in and take advantage of business opportunities presented by the REO property market.