Real Estate Owned or "REO," is a banking term used to describe a property that was acquired by a bank, lender or servicer as a result of a foreclosure or deed-in-lieu of foreclosure.
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Real estate owned, or REO, is the name given to foreclosed-upon real estate, such as detached houses, condominiums, townhomes and land, in a lender's portfolio.
U.S. Bank employees and immediate family members are prohibited from purchasing REO, auctioned REO, short sale, and foreclosed properties marketed by U.S. Bank, their affiliates, or their agents.
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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 sale at a foreclosure auction.
Wells Fargo is not responsible for the products or services offered by the real estate professional identified in any particular listing. Wells Fargo employees and their immediate family are not eligible to purchase Wells Fargo REO properties.
The REO Motor Car Company was a Lansing, Michigan-based company that produced automobiles and trucks from 1905 to 1975. At one point the company also manufactured buses on its truck platforms. Ransom E. Olds was an entrepreneur who founded multiple companies in the automobile industry.
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Buying a Wells Fargo real estate owned property. Print this page . Want to buy a foreclosed property? Get valuable tips to help you make informed decisions. Search our property listings. Search for properties by price range, location, property type and number of bed and bathrooms.
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 your homeownership goals.
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