Homes can become bank-owned properties if the homeowner defaults on their mortgage and the bank forecloses. Bank-owned properties may also be referred to as real estate owned, or REO for short.
Many of us think of properties that have gone into foreclosure as old, beat up places that no one would want to buy. However, the truth is that in today’s unstable economy, more and more gems are ...
Based on ATTOM Data's Year-End 2021 U.S. Foreclosure Market Report, foreclosure filings-- default notices, scheduled auctions and bank repossessions -- were reported on 151,153 U.S. properties in 2021 ...
According to ATTOM Data Solutions January 2021 U.S. Foreclosure Market Report, there were a total of 9,702 U.S. properties with foreclosure filings -- default notices, scheduled auctions or bank ...