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Posts Tagged ‘real estate owned’
How to Get into Foreclosure Investing
In: Finance
20 Jun 2009When you are considering how best to find a good deal in the housing market, or if you’re considering purchasing your own first home, foreclosure homes might be the best option, especially if you have limited funds.
The Concept of Bank REO’s
28 Feb 2009One of the latest buzz in real estate business today are REO properties. REO stands for Real Estate Owned.
Buying REO Properties
In: Business
18 Feb 2009The term REO means “real estate owned” by the lender and indicates the house or income producing property has been repossessed by the lender and already completed the legal foreclosure process. In most cases, the lender is the bank, which is why you hear the term “bank owned properties” or “Bank REO’s”.
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