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  2. Bank-owned properties: What are they and where can I ... - AOL

    www.aol.com/finance/bank-owned-properties-where...

    Bank-owned properties may also be referred to as real estate owned, or REO. You can find bank-owned properties through sources like banks' online listings or RealtyTrac. Whether you’re looking ...

  3. Real estate owned - Wikipedia

    en.wikipedia.org/wiki/Real_estate_owned

    Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender —typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1] A foreclosing beneficiary will typically set the opening bid at such an auction for at least the ...

  4. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    A house that has gone through a foreclosure auction and failed to attract any acceptable bids may remain the property of the owner of the mortgage. That inventory is called REO (real estate owned). In these situations, the owner/servicer tries to sell it through standard real estate channels. Further borrower's obligations

  5. RealtyTrac - Wikipedia

    en.wikipedia.org/wiki/RealtyTrac

    RealtyTrac. RealtyTrac is a real estate information company and an online marketplace for foreclosed and defaulted properties in the United States. It was founded in 1993 and is based in Santa Barbara, California. It publishes a monthly U.S. Foreclosure Market Report. [1] [2] [3]

  6. 'Shadow REO': As Many as 90% of Foreclosed Properties Held ...

    www.aol.com/2012/07/13/shadow-reo-as-much-as-90...

    Fannie Mae, which owned 114,000 foreclosed homes as of March 31, reported in the first quarter that there were "improved sales prices on dispositions of our REO properties, resulting from strong ...

  7. What Is an REO? - AOL

    www.aol.com/2013/03/15/reo-bank-owned-home

    REO property: house for sale sign. ... What is an REO? REO stands for Real Estate Owned. It is actually short for Other Real Estate Owned (OREO), but that may have been too confusing with the cookie.

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