How is purchasing REO properties different than “regular” real estate purchases?
REO properties are owned by corporations rather than individuals. This leads to significant differences in all aspects of the purchase. See our Buyer’s Guide for an in-depth discussion of this topic. Question: I have a real-estate agent (buyer’s agent) that will represent me in the purchase of property. There is a property listed on the Coldwell Banker King Thompson web page that I would like to know more about.