How do banks respond to contingency offers on REO? What is the typical timeline for a bank to respond to an REO offer?

Need to translate "reo" from Maori? Here are 2 possible meanings. What Does REO Mean? You may have heard the term REO used more often lately on the news or in conjunction with real estate. REO is an acronym for Real-Estate- ... "REO Occupied" in real estate refers to properties that are owned by a bank or lender (Real Estate Owned) but are currently occupied by tenants or the previous ... With Spanish origins, Reo—the Anglicized Rio—is a gender-neutral name meaning “river.” This nature-inspired definition will make baby feel at home, ... Jan 10, 2020 ... ebongreen LEO or REO is when you have a down lineman lined up outside of the OT. Jul 1, 2019 ... It's one of those terms that you learn pretty early on when you start working in the housing business. I'm pretty sure I learned what REO meant ... Jun 25, 2024 ... What does REO (Real Estate Owned) mean? ... When a lender cannot sell a default property in a short sale or at a foreclosure auction, it becomes ... Mar 28, 2021 ... Cynthia last edited by 30 Mar 2021, 01:24 This symbol means that this camera has been bound to your Reolink account. In Florida, the method of foreclosure is through the judicial process, meaning the lender must file a lawsuit in state court. ... Because the REO market is so ... Feb 5, 2011 ... The REO property is usually one of thousands in a bank's asset ... That means no lingering responsibility for repairs, no tax re ...