When it comes to finding and purchasing an REO property for purchase, Broker Greg Toussieng always recommends connecting with a qualified expert who can access the RES.net database. But did you know that there are also resources where you can find REOs — for free?! There is no better place to find REO listings than […]
Choice Home Mortgage
REO Listings on Rise as Foreclosure Activity Increases
Across the United States, more and more markets are seeing a major increase in the amount of properties that are reaching foreclosure. REO Broker Greg Toussieng shares an update on the status of the market and how this is actually good news for buyers interested in purchasing REO properties: In a recent Quarterly U.S. Foreclosure […]
Why to Purchase an REO Property in 2023
The housing market is red hot in the first quarter of 2023. Prospective homebuyers and investors alike are growing more and more competitive across the country. REO Broker and CEO of Choice Home Mortgage Greg Toussieng shares why purchasing an REO property is the right idea in 2023: In a post-pandemic economy, many of the […]
Financial Benefits of Buying an REO
In this edition of Choice Home Mortgage CEO Greg Toussieng’s series sharing expert advice and guidance on REO listings, he discusses the financial benefits of buying an REO in 2023: In the first quarter of 2023, competition in the market continues to heat up. With no sight of immediate change in the home buying market, […]
What is a HUD Home?
When a borrower forecloses on a home purchased with an FHA loan, that property becomes a unique type of REO. In this edition of Greg Toussieng’s series on REO listings, the CEO of Choice Home Mortgage explains what a HUD Home is. As Greg Toussieng explained in the debut of his REO listings blog series, […]
