Feb 10, 2025 · What Is Real Estate Owned (REO)? The term real estate owned (REO) refers to a lender-owned property that is not sold at a foreclosure auction. Properties become REO when …

5 days ago · Define Real Estate Owned (REO) properties and master the unique process of buying directly from the bank after a foreclosure.

Find information on foreclosures, real estate owned (REO) and bank-owned homes and properties from Bank of America's Real Estate Center®. Get the tools and information to help find a home that fits …

Sep 30, 2019 · Real estate owned properties, or REO properties, are houses that have been seized by banks or other lenders from people who are unable to pay their mortgages.

Frequently asked questions about REO What is a bank-owned property? When a bank takes title to real property through foreclosure or some other negotiated settlement, it is then owned by the bank, …

Jul 31, 2025 · Learn what REO is, the pros and cons of buying real estate owned properties, and how to navigate the foreclosure process to purchase your next home.

Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender —typically a bank, government agency, or government loan insurer—after an unsuccessful …

What does REO mean in real estate? For homebuyers on a budget and newer real estate investors who are looking for a good deal, real estate owned (REO) properties may look like an appealing option …

Aug 5, 2025 · What Does REO Mean and How Is It Different From a Foreclosure? REO stands for real estate owned, and it refers to properties that banks or lenders have taken back after foreclosure.

Short for "real estate owned," REOs are foreclosed homes now owned by banks and lenders. Banks either withhold from releasing these properties on the market because they don't want to take a loss, …