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Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...
Real estate owned (REO) property is owned by a bank, government organization, or another lender after an unsuccessful sale at a foreclosure auction. Learn how it works.
REO properties are often found on multiple listing services. Websites like Hubzu.com, RealtyTrac and Auction.com list REO homes for sale and are good sources for hopeful homebuyers to tap.
A VA Real Estate Owned (REO) property can become property of the VA after a home is foreclosed and a third party does not purchase at the foreclosure sale.
When a lender cannot sell a default property in a short sale or at a foreclosure auction, it becomes Real Estate Owned (REO). REO refers to a home or other property now owned by a lender— that ...
A 1970s-era College Park apartment complex is being marketed for sale as the lender mulls a possible foreclosure on its $37M loan. The owner of Chelsea Gardens, a 474-unit workforce-grade garden ...