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Top articles:

New Mexico only uses judicial or in court foreclosure. The only exception to this rule is larger com...
» NM   » Foreclosure05/02/2008
 
Choosing your dream home is an exciting affair, but it also involves a great deal of planning. It ca...
» VA   » Home buying01/07/2012
 
Indiana is a strictly judicial state, when it comes to foreclosure laws. This means that is only han...
» IN   » Foreclosure05/03/2008
 
In Texas, both judicial or in court and non-judicial or out of court foreclosures are followed. As i...
» TX   » Foreclosure05/02/2008
 
South Florida real estate developer Martin Margulies has been sitting on prime ocean-front property ...
» FL   » Real Estate news03/15/2012
 
» Read all articles

Real Estate Owned

(REO) Real estate that is owned by a bank or financial group. Usually a result of their borrowers defaulting on the loan and the subsequent foreclosure of the property from that buyer.

See also:
  • Radon
  • Rate Lock
  • Real Estate Agent
  • Real Estate Commission
  • Real Estate Investment Trust
  • Real Estate Owned
  • Real Estate Settlement Procedures Act
  • Realtor
  • Refinancing
  • REIT
  • Rent with option to buy
  • REO
  • Reserves
  • RESPA
  • Restrictions
  • Return On Investment
  • Right of first refusal
  • Right of redemption
  • ROI
  • Rule of 72
  • Rural Development Loan

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  • Real Estate Glossary
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