Las Vegas REALTOR: RE/MAX CENTRAL of Las Vegas » REO Properties http://www.lasvegasrelocation.com/wordpress Las Vegas Real Estate Tue, 27 Jul 2010 03:49:21 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 REO Properties http://www.lasvegasrelocation.com/wordpress/reo-properties/ http://www.lasvegasrelocation.com/wordpress/reo-properties/#comments Sat, 22 Aug 2009 22:54:43 +0000 Ruth Ahlbrand http://www.lasvegasrelocation.com/wordpress/?p=10570 REO Properties simply means “real estate owned” – in actuality the bank owns a home and reselling it in the market.

REO properties are being snapped up quickly in the Las  Vegas, especially in the $0-200K price range, typically with multiple offers above list price and in many cases,  all cash offers from investors.

Overview of REO Properties

The bank does not want to sit on or hold an REO Property financially for any…

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