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What REO Means In Real Estate? | Titan Impact Group

10 Feb 2022 · 1 min

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A short YouTube video by Catherine (Kathryn) Bell of Titan Impact Group that defines REO (Real Estate Owned / “Real Estate Investment Owned” per speaker) and explains that REO properties are those owned by lenders (banks, Fannie Mae, Freddie Mac) after a foreclosure fails to sell at auction for an amount that covers the loan. The video closes with a promotional outro.

Questions this video answers

February 10, 2022.

Real Estate (Investment) Owned (REO).

Catherine (Kathryn) Bell, Titan Impact Group.

Chapters

What REO means in real estate. Real Estate Investment Owned is reo. It's a property that's owned by a lender, such as a bank, that has not been successfully sold at a foreclosure auction. A lender, often a bank, or quasi governmental entities such as Fannie Mae or Freddie Mac, takes ownership of the foreclosed property when it fails to sell at the amount sought after to actually cover the amount of the loan. For more information, please follow us. I am Kathryn Bell with Titan Impact Group, and may you never awake from the American dream.