real estate owned
real estate owned. Property acquired by a lender, usu. through foreclosure, in satisfaction of a debt. — Abbr. REO. [Cases: Mortgages 534. C.J.S. Mortgages § 897.]
real estate owned. Property acquired by a lender, usu. through foreclosure, in satisfaction of a debt. — Abbr. REO. [Cases: Mortgages 534. C.J.S. Mortgages § 897.]