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What does REO mean? Yes it is the name of a rock band but in this case we are referring to the real estate version of REO. REO is commonly referred to as any bank owned property - Real Estate Owned - that a bank may have for sale. In these tough economic times, banks around the country and world have foreclosed on homes and businesses and now own these properties. These REO Properties are then resold to the public at discounted prices.
There are many foreclosure listings websites that may be more comprehensive but if you are willing to do the legwork, here is the StarReviews REO Property Listings.Real Estate Owned Listings by Bank:
American Home Mortgage REO: http://www.ahmhomes.com
Bank of America REO: http://bankofamerica.reo.com
BB&T REO (Branch Bank and Trust) http://www.bbt.com Beal Bank Commercial REO http://www.bealbank.com Compass Bank REO: https://www.compassbank.com
Countrywide REO: http://www.countrywide.com Downey Savings & Loan http://www.downeysavings.com Fannie Mae REO: http://www.mortgagecontent.net FDIC Real Estate Owned http://www4.fdic.gov/DRRORE Freddie Mac REO: http://www.homesteps.com GRP Financial Services Properties http://www.grpcapital.com
HSBC REO: http://www.banking.us.hsbc.com/ HUD REO: http://www.hud.gov/homes/index.cfm
IndyMac Bank REO: http://apps.indymacbank.com
JP Morgan Chase Bank REO: http://mortgage.chase.com M&T Bank REO: http://services.mandtbank.com
National City Mortgage REO http://www.ncmcreo.com Owen Financial REO: http://www.ocwen.com/reo/home.cfm People's Bank REO http://www.peoples.com Regions Bank Properties http://realestate.regions.com
Sallie Mae Financial Services Properties http://www.grpcapital.com SBA Properties http://app1.sba.gov
REO Property Listings