real estate owned properties

Defining REO Properties and How to Buy Them

Posted by Wendy Poltorek // February 13, 2019 // Blog / Cleveland / Real Estate Investment / We Can Buy Your House // real estate owned properties / REO listings / REO Properties


Real Estate Owned Property, or most commonly known as REO Properties, is a property owned by a lender-usually a bank, government agency or government insurer – after an unsuccessful sale at a foreclosure auction.  It is the name given to foreclosed-upon real estate, such as detached houses, condominiums, townhomes and land, in a lender’s portfolio.  […]

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Defining REO Properties

Posted by Wendy Poltorek // December 2, 2014 // Blog / Cleveland / Featured / We Can Buy Your House // real estate owned properties / REO Properties / we can buy your house

REO properties have been increasing in the real estate world.  This term had been popular in the industry for quite a while now. There are two questions that we should be asking ourselves when it comes to these types of properties. What is the meaning of R.E.O.? and What are the things we need to […]

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