answersLogoWhite

0


Best Answer

REO is an abbreviation for real estate Owned and refers to property which is in the possession of a lender as a result of foreclosure or forfeiture.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What does R E O mean in real estate?
Write your answer...
Submit
Still have questions?
magnify glass
imp