A real estate-owned (REO) foreclosure offers investors or potential homeowners the opportunity to secure a property under market value. REO properties have proven that they warrant the attention of ...

While the level of new delinquencies on residential mortgage loans has stabilized, the size of the “foreclosure pipeline” continues to grow. According to recent reports from RealtyTrac, just under two ...

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 could ...

Mike Olsen has been handling and selling foreclosed houses – known as REO (or real estate-owned, meaning bank-owned) properties – since he got into real estate in 1982 as a 20-year-old for whom ...

With home prices near all-time highs, many would-be buyers have been priced out of the market. For them and anyone else ...

Explore the foreclosure crisis of 2007-2010, identifying its causes and effects on the U.S. housing market and the solutions that resolved it.

The number of residential properties in the process of foreclosure is up 5% from Q4 and nearly 30% YoY. Among the pre-foreclosure properties, 8,141 are zombie foreclosures, up 5.4% from Q4 and 10.6% ...

Foreclosed and pre-foreclosed homes maintained their position as the source of over a fifth of U.S. home sales in the second quarter of 2012. Twenty-three percent of all residential sales during the ...

What is REO when it comes to real estate? It stands for real estate owned, and it’s a term you’ll see when a bank or lender takes ownership of a home after a failed foreclosure auction. When a ...