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What is the difference between a Foreclosure, REO, HUD, and VA Foreclosure?
These terms refer to the current owner of the property after the foreclosure.
REO: “Real Estate Owned” This is a term banks use to describe properties they have acquired after they go to auction.
HUD: “U.S. Department of Housing and Urban Development” HUD owns homes that were previously secured by an FHA loan.
VA Foreclosure: “Vetrans Administration” The VA owns homes that were previously secured by a VA backed loan.
Latest News for Nashville Foreclosures
Google News : U.S. : All
- Why homebuyers face a tough spring - mySanAntonio.com (blog)
- Homebuyers face tough spring in busy buying season - Midland Reporter-Telegram
- Limited listings and higher prices are making spring a challenging season for ... - Minneapolis Star Tribune
- March Home Prices Continue to Rise - RisMedia.com (press release)
- Financial industry works to regain trust of investors - The Tennessean