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REO vs. Foreclosure An REO (Real Estate Owned) is a property that goes back to the mortgage company after an unsuccessful foreclosure auction. You see, most foreclosure auctions do not even result in bids. After all, if there was enough equity in the property to satisfy the loan, the owner would have probably sold the property and paid off the bank.
Spokeo is a search engine that is specifically designed to collect YOUR information to make public. My frustration with Spokeo and other data aggregators this is that they do not ask your permission to expose your information nor notify you of their actions. They just happily make money by placing you at risk. Spokeo hasâ¦