Answers.com > Wiki Answers > Categories > Business & Finance > Real Estate > What does R E O mean in real estate?
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.
First answer by Kluss. Last edit by Kluss. Contributor trust: 700 [recommend contributor recommended]. Question popularity: 1 [recommend question].

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