Windermere Community Realty is 1 of 4 brokerages in the Portland Metro area that has an REO listing contract, and for over 8 years. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. REO homes are also referred to as HUD homes. The REO/HUD team at Windermere Comunity Realty has the experience and expertise to help guide you through the entire process.
REO/HUD team members teach classes on the selling process each month at 1 of the 3 Windermere Community Realty branch offices and licensed brokers in Oregon receive 2 continuing education credit hours. Visit www.windermerecommunity.com/education-classes to find and register for the next one. If you have a client interested in a current listing, read over the Selling Broker Handbook and Selling Broker Quick Reference Guide, to get more information about the process. Team members are available for your questions anytime - give a team member a call at 503-964-8333 or email firstname.lastname@example.org.