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  2. Econohomes - Wikipedia

    en.wikipedia.org/wiki/Econohomes

    It's known as real estate owned properties (REO), and specialty financing across the United States. [1] [2] The company buys distressed residential properties wholesale and resells them online at prices under $100,000. Buyers are mostly made up of investors who renovate and resell or rent the properties. [3]

  3. Real estate owned - Wikipedia

    en.wikipedia.org/wiki/Real_estate_owned

    REO sale property in San Diego, California. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]

  4. RealtyTrac - Wikipedia

    en.wikipedia.org/wiki/RealtyTrac

    The site has over 1 million "distressed" properties in its database at any time. In 2008 they had 150 data collectors, who collected data directly from notices posted on courthouse noticeboards or from county recorder offices. [7] [8] The site charges a monthly fee for access to their listings. The company provides data to MSN Real Estate, Yahoo!

  5. Landlord on 'Worst' List Faces Jail for 30 Housing Code ... - AOL

    www.aol.com/news/on-nyc-landlord-faces-jail-for...

    In 2009, the building (pictured above), at 1514 E. 172nd St., was designated as one of the 200 most distressed buildings in the city, reported New York's Daily News.

  6. 'It can be done': Why this group renovates distressed ... - AOL

    www.aol.com/done-why-group-renovates-distressed...

    The city's goal is for 70% of Homes MKE rehabs to be sold to owner occupants. Miller said the city tries to keep the sale prices of the homes, including larger houses such as duplexes, between ...

  7. National Community Stabilization Trust - Wikipedia

    en.wikipedia.org/wiki/National_Community...

    Using philanthropic and public sources to leverage private capital for neighborhood stabilization activities, the REO Capital Fund was created to help municipalities and community-based organizations finance the acquisition, rehabilitation and interim holding of distressed properties to maximize their on-the-ground impact in neighborhoods hard ...

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