Attorney Search Network
Find a Lawyer
Check a Lawyer
Contact ASN
HomeFind a LawyerCheck a LawyerAbout ASNContact ASNLinks


What is Real Estate Owned (REO)?
A Real Estate Owned (REO) property is property that is owned by a lender, bank or mortgage company, after an unsuccessful foreclosure attempt. When a foreclosure auction ends unfavorably, the bank tries to remove expenses on the home by finding other ways sell the property. They either try to sell the property through auctions or through a Realtor. Real estate investors pay a low price for REO properties typically because they need extensive repair and maintenance.

Hire a Real Estate Owned (REO) Lawyer: It is important to remember that there may be counter offers when buying Real Estate Owned property. Properties are often vandalized and are sold “as is” and banks will not fix the property before selling it. Hiring a Real Estate Owned (REO) lawyer can help an agent or a real estate attorney because the property may have several other offers and you may need to be pre-approved for financing before placing an offer.  

Find a Real Estate Owned (REO) Lawyer: A qualified Real Estate Owned lawyer with experience in foreclosure can help familiarize you with various lenders and mortgage holders. If you need a Real Estate Owned (REO) lawyer to help you with a Real Estate Owned property, contact Attorney Search Network today. We can connect you with a Real Estate Owned lawyer.

This web site is owned and operated by Attorney Search Network
American and California State Bar Certified Lawyer Referral Service, Certification # 113

Copyright © 2000 - Attorney Search Network All Rights Reserved.

Our attorneys and law firms may be able to help you in some of the following area of law:
Bankruptcy Lawyers | Business Lawyers | Burn Victim Lawyer | Centro Legal Latino | Centro Legal Hispano | Criminal Defense Lawyers | Drunk Driving lawyers | Estate Planning Lawyers | Elder Abuse Lawyers | Employment Law Lawyers | Family Law Lawyers | Federal Criminal Lawyers | Immigration Lawyers | Insurance Lawyers | Personal Injury Lawyers | Real Estate Lawyers | Injury Lawyers Referral | Serious Injury Lawyers | Social Security Lawyers | Tax Lawyers | Truck Accident Lawyers |Whistle Blower Lawyers | Workers Compensation Lawyer

Attorney Search Network Main sites
Attorney Search Network | Get A Referral | Brain Victim-Help Center | Burn Victims Lawyers | Law for USA | California Attorney | Criminal Defense | Lawyer Bureau | Search for Attorney | State Bar Associations | State Bar Certified LRIS