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Welcome To SREV
“REO? Foreclosure? They’re The Same, Right?”
Well, No They Aren’t!
As I’ve said before, I get many real estate related questions every week from people who are trying to 
sort out this market. Admittedly, it’s a very complex thing. Some markets are harder than others especially when you’re dealing with financial institutions.
Just a few short years ago, no one was worried about foreclosure, short sales, declining values or losing their incomes. The market was good, property was appreciating and everything looked very rosy. As Paul Harvey used to say, “now you (we) know the REST of the story”.
Things will get better, they always do. It’s the natural ebb and flow of life. I hope it happens sooner than later.
What’s a Foreclosure?
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