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 ...

Homes can become bank-owned properties if the homeowner defaults on their mortgage and the bank forecloses. Bank-owned properties may also be referred to as real estate owned, or REO for short.

A number of our readers from the brokerage arm of real estate have asked how they might become involved in marketing bank owned real estate (REOs), that is, properties seized by the banks for ...

Unsuspecting homes are creating problems in neighborhoods all because of faulty mortgages. Sometimes the homeowners aren't individuals, but rather investors. Several states have been identified where ...

New York—PropertyShark.com, a real estate research site, officially announced today the launch of REO listings in New York City. In addition to foreclosure auctions and lis pendens, Propertyshark ...

As bank repossessions continue to mount, it's a question that is being asked more and more often. The answer is, foreclosures are available and reasonably priced - but don't expect a screaming deal.

Some metro areas across the U.S. are experiencing steep discounts on foreclosed properties – upwards of 27% in some cases – but the overall mark-down is not as deep as it seems, Zillow said in a new ...

If you remember the turmoil of the global financial crisis, hearing that foreclosure activity is up might make your knees weak and palms sweaty. I know I can’t help it. After reading recent reports of ...