We’re glad you asked!
REO stands for ‘Real Estate Owned’. Basically it is a foreclosed property NOT to be confused with Short Sale.
The process of purchasing an REO is similar to a traditional transaction in many regards, however there are many points of interest to pay special attention to which will be highlighted in posts to follow…
Filed under: Bank Owned/REO, Real Estate Investor | Tagged: Bank Owned/REO, Real Estate Investor, Seattle Real Estate, Seattle REO, WA Real Estate, WA REO
