Investing in foreclosure homes for resale is not that different from investing in
foreclosure homes for rental income. Many of the same rules apply and many
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REO is an acronym for "Real Estate Owned," which indicates that the home has been foreclosed
upon and is currently on the market or soon will be. The foreclosure homes found
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Imagine a busy lending office where a loan officer has just ordered a credit
report. He hears the whir of the laser printer and he knows the pages of the credit
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Fannie Mae foreclosure homes are owned by the Federal National Mortgage
Association. These foreclosure homes are homes that were previously purchased using
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