What is an REO?  REO means Real Estate Owned.  Everyone is talking about REOs these days.  But before you consider buying one, there are a few things you should know about REOs.  These properties are generally owned by banks, credit unions, mortgage companies and sometimes private companies.  It has become increasingly common for the news to report foreclosure issues and homeowners losing their houses and other effects of the mortgage crisis.   As a result there have been dramatic increases in the marketing of REOs to the general public.  It used to be that you could barely get your hands on lenders' foreclosure lists.  But these days, everyone is trying to sell REOs. The people that are being marketed by these REO sellers are mainly first-time and minority potential homebuyers.  Fannie... 02/05/2009

                            The Plaza 3000 Condos, Townhomes and Highrise Penthouses 3000 The Plaza is a luxury 15-story high-rise tower that has a rooftop pool with fabulous entertainment areas. It features 105 stunning homes ranging in size from 1,375 to 3,025 square feet. Ten incredible penthouses offering both one-story and two-story plans. Attention to every detail, both inside and out.                                        Let all Condos for sale in Irvine find YOU!                                                        Or                                   Search for Homes around Irvine by Map! Click it!                   Set up an appointment with one of our REALTORS to see all the Condos for sale in The Plaza that are available.                                                  ... 09/15/2008