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2. Bank-owned properties: What are they and where can I ... - AOL

   www.aol.com/finance/bank-owned-properties-where...

   Bank-owned properties may also be referred to as real estate owned, or REO. You can find bank-owned properties through sources like banks' online listings or RealtyTrac.

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. Is It Ever a Good Idea to Buy a Bank-Owned Home? - AOL

   www.aol.com/finance/ever-good-idea-buy-bank...

   Real estate owned (REO) properties offer the opportunity to purchase homes for attractive prices to home buyers who can navigate the specifics of how these properties come to market. REOs usually ...

5. Tips on buying a bank-owned home - AOL

   www.aol.com/.../26/tips-on-buying-a-bank-owned-home

   With more and more "distressed" (foreclosed) homes up for sale, a bank-owned home may be the way to go if you are considering buying a house. But experts say buying from a bank is very different ...

6. Foreclosure - Wikipedia

   en.wikipedia.org/wiki/Foreclosure

   When the remaining mortgage balance is higher than the actual home value, the foreclosing party is unlikely to attract auction bids at this price level. A house that has gone through a foreclosure auction and failed to attract any acceptable bids may remain the property of the owner of the mortgage. That inventory is called REO (real estate ...

7. Occupy Homes - Wikipedia

   en.wikipedia.org/wiki/Occupy_Homes

   Everybody, including the bank, would have been better off reducing his balance to an affordable level." [15] [20] In Atlanta, Occupy Our Homes activists went to the courthouses in three of the area's largest counties to disrupt the foreclosure auctions happening there. The group is demanding an immediate moratorium on all foreclosures. [15]