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Buying an REO Property
What does REO mean? REO is an acronym for Real Estate Owned. It's a financial industry term referring to properties that an institution owns as a result of a loan default and foreclosure.
Buying a foreclosure, or REO property can be different, in many ways, from buying an individuals property. And, in some ways, it's very much the same.
Tips on Buying an REO Property
FAQ's
Contract Instructions for Buyers' Agents