How to Buy a REO Property

In the wake of the housing market crisis in the past decade, there is an abundance of REO property, also known as real estate owned property. These are houses which have been foreclosed upon by the bank because the owner has not paid monthly mortgage payments. Buying a forclosed home can actually have its benefits. […]

Who Benefits From Purchasing an REO Property?

What is an reo property? REO, or real estate owned, property is property that has been foreclosed on by the bank. This generally occurs when the owner has failed to pay the mortgage on the home. REO properties are not only houses, though, as they can also be trailers, condos, commercial property, or most other […]