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REO

Where Zombie Properties Are Accumulating

zombie home

A new report indicated that 1.6 percent of all homes in the U.S. are vacant, numbering 1,570,265 residential properties, with 7,960 or 3.7% of those vacant properties in the process of foreclosure, otherwise known as “zombie foreclosures.”  That is according ...

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DS5: How Technology is Aiding Auctions

On this episode of DS5: Inside the Industry, Auction.com SVP Jesse Roth delves into how foreclosure volumes can be impacted by coronavirus. He also discusses how technology can aid in disposition in today’s socially distanced environment.

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REO Sales Moving Online

With more distressed sales impacted by foreclosure moratoriums and forbearances due to the COVID-19 pandemic, buyers are going digital at an accelerated rate.

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Maintaining REO Business During a Pandemic

The Federation of REO Certified Experts, Five Star Global’s agent/broker organization, recently held virtual regional Townhall Meetings to discuss the impact of COVID-19 on residential real estate listings.

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