article thumbnail

The current REO market requires an expansion of services for business growth

Housing Wire

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans.

article thumbnail

Charlotte Real Estate Market & Investment Overview 2021

Marco Santarelli

New Foreclosure Filings for Charlotte, NC (on Realtytrac.com ). Due to the pandemic, there are moratoriums on single-family foreclosures and real estate-owned (REO) evictions until March 31, 2021, to keep delinquent homeowners in their homes.

Marketing 119
article thumbnail

San Jose Real Estate Market & Investment Overview

Marco Santarelli

New Foreclosure Filings for San Jose, CA (on Realtytrac.com ). Due to the pandemic, there are moratoriums on single-family foreclosures and real estate-owned (REO) evictions to keep delinquent homeowners in their homes. Nor does Fresno follow in San Fran’s habit of nearly banning new construction.

Marketing 126