What’s the difference between a regular foreclosure and an REO foreclosure?

foreclosure
I’ve been looking up foreclosures at the county office to buy a foreclosure (the ones about to be auctioned). Someone said I should be looking at REO foreclosures. What’s the difference, and how do I buy one and or get info on these?
Sell and Rent Back

Related posts:

  1. Is There Any Difference Between Repossessed Houses and Foreclosures? Many people don’t have a clue about foreclosures. Or they have heard the word and think of them as discounted houses, but they are not aware of why they...
  2. What’s the difference between bank foreclosure and homeowner’s association foreclosure? My sister is already facing bank foreclosure but she also just got a letter saying that she will be facing homeowner’s association foreclosure because of unpaid dues. They’re filling...
  3. Indiana: What is the difference between defaulting and foreclosure on a mortage? Curious as to the difference between defaulting and foreclosure on a mortage? What are the different things that could happen if you keep one house and need to get...
  4. How much of a difference is there between foreclosure and Voluntary Surrender? My life has changed dramatically since I bought a double-wide 8 years ago in Virginia, and it will be foreclosed soon. I’ve tried selling, but I owe more than...
  5. What will be the difference between buying a foreclosure vs. a low priced realtor listed home? I am exploring housing options for the near future, looking to buy my first house and willing to fix it up in order to sell in 3-5 years. I...

0 Responses to “What’s the difference between a regular foreclosure and an REO foreclosure?”


  1. No Comments

Leave a Reply

You must login to post a comment.