REOs...Real Estate Owned by lenders... are properties which have been foreclosed and "repossessed" by the bank. These differ from "Short Sales" which are properties in various stages of the foreclosure process but still belong to the borrower. If you are a homeowner facing foreclosure, CLICK HERE, for more information.
R.E.O. properties can be outstanding opportunities for both first time home buyers and investors in today's market, but they are more complicated than the typical Real Estate transaction and present special challenges. Relax. My first home was an REO bought in a market just like this one in the 90s. I have special training and a wealth of experienced in these transactions. To get started, tell me what you are looking for by filling out the form below. I'll get back to you right away.
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