Tag "REO"

Back to homepage
Home Buying

What Are REO Properties?

Tweet Failure by homeowners to make scheduled mortgage payments triggers the foreclosure process which leads to a home eventually becoming an REO property. REO Defined Not all homes in foreclosure

Consumer Tips Home Financing Home Selling

What You Should Know About PreForeclosures

Tweet For the homeowner who is behind on house payments, the threat of foreclosure looms large especially as months pass without a payment. In some markets owners may fall behind

Home Buying

Foreclosures: Wise Investment or Money Trap?

Tweet I was having a discussion with a friend last week when our conversation turned to the housing market. Bleak news upon bleak news for some people, but not for

Home Buying

REOs — Are They Worth It?

Tweet Home buyers looking for a bargain are taking a close look at the housing market and are witnessing some unique opportunities. For one, prices have fallen — dramatically so