Foreclosures, HUD Homes, Foreclosure Auctions, Preforeclosures. HUDforeclosed.com

HUDforeclosed.com is not affiliated with, endorsed, authorized, or approved by the Federal Government or the US Department of Housing and Urban Development. HUDforeclosed.com REO, bank, Real estate (reo) properties - Bank-Owned Homes - Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. Wikipedia.org You may remember that foreclosures were a big part of the Great Recession. As the economy cratered, foreclosure filings soared. In the first half of 2010 alone, 1.65 million U.S. homes spun into foreclosure, according to data from ATTOM Data Solutions, a property database provider.

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