Foreclosure Stages

nata profile photo

I am just starting to learn about RE business so please help.
Are these the stages of the property to be foreclosed or am I missing something?
1pre-foreclosure
2Sheriff's (court steps) Auction
3.REO
where doesTrustee's sale fit? SRC="images/forum/smilies/icon_confused.gif"> [ Edited by nata on Date 08/14/2003 ]

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