Ads
related to: reo owned propertiesbankforeclosureslisting.com has been visited by 10K+ users in the past month
listing.thecountyoffice.com has been visited by 100K+ users in the past month
AllDaySearch.com has been visited by 100K+ users in the past month
Search results
Results from the WOW.Com Content Network
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]
Bank-owned properties may also be referred to as real estate owned or REO homes, REO properties or simply REO. You might see a property listed with details like REO foreclosure, meaning a ...
An REO or Real Estate Owned property is a home that s been through the foreclosure process and is now held by the lending institution. When borrowers default on their monthly mortgage payments ...
What is an REO? REO stands for Real Estate Owned. It is actually short for Other Real Estate Owned (OREO), but that may have been too confusing with the cookie. Unfortunately, ...
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 owned). In these situations, the owner/servicer tries to sell it through standard real estate channels.
In July 2004, the company launched a real estate-owned (REO) program. HomeVestors purchased single-family houses from its franchisees and called them "ugly notes". They were then sold to third party note purchasers. By the end of 2004 the firm had moved to a larger headquarters. A new mascot was launched, “UG” the Caveman.
Ads
related to: reo owned propertiesbankforeclosureslisting.com has been visited by 10K+ users in the past month
listing.thecountyoffice.com has been visited by 100K+ users in the past month
AllDaySearch.com has been visited by 100K+ users in the past month