Real Estate Owned or REO is a term used in the United States to describe a class of property owned under the patronage of a lender—typically country management, a bank, country management agency and loan insurer—after an unsuccessful sale at a foreclosure auction. The beneficiary will legally ... » Learn More about REO what does it mean
REO Homes for sale
REO is it still a good deal?
Everyone says that they want to buy a Bank Owned, Foreclosure or a REO home because they want to get a good deal. These home can have been vacant for years or in need of repair. Mostly they look and feel like various homes for sale. REO is it still a good deal? It's not uncommon for a REO to ... » Learn More about REO is it still a good deal?