REO
When the economy experiences a downturn, homeowners may face various predicaments that require them to turn their property over to the lending institution due to the inability to meet mortgage payments. This results in an inventory of properties that financial institutions aim to unload off their books through an REO transaction. While this can be a great opportunity for potential homeowners or investors, it's important to note that REO transactions come with strict deadlines, stringent requirements, and unique challenges, as you are buying property from a lending institution.
Escrows For You is well-versed in managing REO transactions and recognizes the significance of promptly addressing all matters. Select us to handle your transaction with confidence that you are working with knowledgeable professionals!