Blog

  • Understanding the Lingo: What is an R.E.O.

    Posted by Blog User on Jun 22, 2018

    If you are old enough to remember the 1970s then the mention of R.E.O. might bring to mind the band R.E.O. Speedwagon.

    In the foreclosure business, an R.E.O. is a post-foreclosure property that has been sold at auction and is now owned by the lienholder.

    At this time, an investor can attempt to contact the lienholder to see if they are willing to sell the property. 

    Our exclusive Confirmation Report will provide you with the quickest access to the results of the auction allowing you to immediately begin reaching out to the lienholders who recently acquired the property. 

    The information in this report comes to you so quickly that sometimes the lienholder hasn’t even learned of the results from the auction yet! 

    Do note: Shortly after the property sells at auction, most lienholders will obtain the services of a local broker to attempt to sell the property on the open market for fair market value.

    And it is always OK to still hum "Can't Fight This Feeling" when you hear the term R.E.O. 
  • How We Became the First Foreclosure Reporting Service in Texas

    Posted by Blog User on Jun 22, 2018
    We are family owned and operated since 1963!
  • Tax & Mortgage Lists - Nov 1 Auction

    Posted by Foreclose Houston on Oct 13, 2016
    Over 1600 Mortgage & Tax delinquent properties across 6 counties are scheduled for the November 1 foreclosure auction. Look at these properties now!
  • Investors Acquired Over 8 Million in Equity Oct 4

    Posted by Foreclose Houston on Oct 05, 2016
    Investors acquired over 8 million in equity on the purchase of 297 properties at the October 4 Harris County Foreclosure Auction. See what's scheduled for the Nov 1 auction here!
  • Investors Acquired over 7 Million in Equity Sept 6

    Posted by Foreclose Houston on Sep 07, 2016
    Investors acquired approximately 7 million in equity on the purchase of 231 properties at the September 6 Harris County foreclosure auction. Begin viewing the October 4 auction list now!