Welcome to V.I.P. Trust Deed - The Money People
What is an REO?
For almost four decades V.I.P. has provided "quick financing" for the purchase of bank and lenders REO's.
REO is an accounting term for properties that a lender forecloses on and now own... the term "REO" stands for "Real Estate Owned" and is purely an accounting term that has become an easy term to describe a bank or lender owned foreclosed property.