A real estate-owned (REO) foreclosure offers investors or potential homeowners the opportunity to secure a property under market value. REO properties have proven that they warrant the attention of ...

Real Estate Owned (REO) are properties owned by the lender. They take over ownership after the borrower defaults on their loan and can’t sell the property at a foreclosure auction for enough money to ...

Real Estate Owned (REO) properties are real estate assets that have reverted to the lender after foreclosure. When a homeowner defaults on their mortgage, the property undergoes a foreclosure process ...

With home prices near all-time highs, many would-be buyers have been priced out of the market. For them and anyone else ...

What is REO when it comes to real estate? It stands for real estate owned, and it’s a term you’ll see when a bank or lender takes ownership of a home after a failed foreclosure auction. When a ...