A real estate owned (REO) home is one that is owned by a lending institution as a result of forfeiture or failure to make mortgage payments. REO homes are popular with investors and home buyers looking for a deal. When a homeowner defaults on a mortgage loan, the property ends up at… read more →
A real estate owned (REO) home is one that is owned by a lending institution as a result of forfeiture or failure to make mortgage payments. REO homes are popular with investors and home buyers looking for a deal. When a homeowner defaults on a mortgage loan, the property ends up at… read more →