REAL ESTATE OWNED. All real estate directly owned by a lender, including real estate taken to satisfy a debt. Includes real estate acquired by lenders through foreclosure, or in settlement of any other obligation to the lender.
Real estate owned; property acquired by a lender through foreclosure.
REO stands for real estate owned and is really an accounting term used on a bank's or institution's financial statement. It literally means real estate owned. In common terms, it means a piece of real estate that a bank has foreclosed on and is, theoretically, available for sale at "a bargain."
The department that holds and disposes of foreclosure property within a lending institution.
RTC Real Estate Lien Note Real Estate Owned Recasting Receivership Recording Recourse Redemption Refinance Release Clause Release Of Liability Relief Removal Repayment Plan Request For Notice Of Default Resolution Trust Corporation Right Of Redemption Right Of Rescission Right Of Survivorship
Real Estate Owned. Real estate owned by a savings institution as the result of default by borrowers and subsequent foreclosure by the institution.
Real estate that has come to be owned by a lender, including real estate taken to satisfy a debt. Includes real estate acquired by lenders through foreclosure or, in settlement of some other obligation.
Foreclosed property, held by the lender who foreclosed
Real Estate Owned. Property a lender acquires as the result of foreclosure.
Real Estate Owned. Institutional owned real estate typically acquired by foreclosure or deed in lieu of foreclosure.
real estate owned. A term used by lenders to refer to properties acquired through foreclosure.
Real Estate Owned. Mortgaged property acquired by a servicer on behalf of the mortgagee, through foreclosure or Deed in Lieu of Foreclosure.
Real Estate Owned. Property acquired back by the lender after it has gone to auction.
REO is the abbreviation for Real Estate Owned. It is the property that is in the possession of a lender in case of foreclosure or forfeiture.
Also known as Real Estate Owned; it is property that the lender now owns due to a foreclosure.
Defined as a term for properties taken back by lenders in foreclosures. back