Archives for “bank owned REO”


When a bank takes back a property as a result of foreclosure, it's called an REO (real estate owned) property. Since banks aren't in the business of ...

Every REO was at one point owned by an individual or an entity other than the bank.

When a bank takes back a property as a result of foreclosure, it's called an REO (real estate owned) property. Since banks aren't in the ...

While most of the buzz surrounding bank owned properties involves investing in foreclosures, what if you are looking to purchase a home yourself? Is buying ...