Tag Archives: REO

Local agents monitoring glut of real estate-owned homes – Yakima Herald-Republic

Yakima Herald-Republic Local agents monitoring glut of real estate-owned homesYakima Herald-RepublicThe Selah home is a real estate-owned home, or REO, a foreclosed home that a bank repossesses, usually after the home fails to sell during a trustee sale. … read … Continue reading

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LFC Helps Banks Clear REO Inventory with Online Auctions – MMD Newswire (press release)

LFC Helps Banks Clear REO Inventory with Online AuctionsMMD Newswire (press release)Many have turned to online auctions, including one financial institution whose foreclosed property is now featured on LFC's commercial real estate auction … read more

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