When I think of REO, I rarely think of properties, real estate, or banks. I usually think of the Holiday Inn commercial. You know the one where the guys hum “Take it on the Run” by REO Speedwagon:

REO stands for Real Estate Owned. People inside and outside of the real estate industry believe that foreclosure and an REO purchase are one and the same. They aren’t. A REO property is the direct result of a failed foreclosure sale.

To learn more about REO, visit the REO BLOG.

Want to see which company has the lowest Denver mortgage rates? Click here to find out now!

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

Tagged with: • • • • •

Filed under: foreclosure • real estate

Like this post? Subscribe to my RSS feed and get loads more!