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REO- real estate Owned or Bank owned, which means the real estate property is no longer mortgaged~ as a result of forfeiture or foreclosure.

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Q: What is the proper meaning for REO in mortgage terms?
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What is the phone number for the reo department at countrywide mortgage?

the # is 805 520 5207


What does reo stand for?

In real estate, REO is the acronym for 'Real Estate Owned". REO asset management companies help mortgage lenders maintain their foreclosed and abandoned properties so that they are viable for sale.


Where can one find out more information about countrywide REO?

Countrywide REO is a national database which lists home foreclosures. One could find out more by speaking to one's Realtor or one's mortgage specialist.


What happens if nobody bids on foreclosure?

The bank who forecloses becomes the owner of the real estate. They then sell the property as an "REO asset" to try and get the money back to payoff the mortgage. REO stands for "real estate owned."


What is the meaning of reo properties?

A Real-Estate Owned Property, or REO property means that a property is owned by the original lender that was not sold during foreclosure. REO properties are noticeable because usually the upkeep of the property is not the best.


What is the maori preschool called?

Te Kohanga Reo, meaning 'the language nest'.


What is the birth name of Don Reo?

Don Reo's birth name is Donald Louis Reo.


How tall is Reo Logan?

Reo Logan is 7'.


What is the meaning of the Maori word kohangaroa?

Do you mean Kohanga Reo which means language nest I believe. It is the equivalent of a kindergarten.


When was REO Speedwagon created?

REO Speedwagon was created in 1967.


What is REO Town's population?

REO Town's population is 1,993.


When did Reo Fortune die?

Reo Fortune died in 1979.