208

What is an REO Foreclosure?

When a property goes into foreclosure and fails to sell at auction, it becomes an REO foreclosure, which means that the lender is the owner of the property.

Read More
220

Getting an REO Offer Accepted

Although there is never any guarantee that an offer you make on a bank-owned REO, or “real estate owned,” property will pass muster, you can take steps to tilt the odds in your favor.

Read More