REO on the Wire vs Bank-Owned on Auction.com, Hubzu and Xome (2026)
Bank-owned is the marketplace word; REO is the wire's. Both describe a home taken back after foreclosure and now for sale. Auction.com, Hubzu and Xome sell bank and servicer REO on their own terms with a buyer's premium. The wire's REO tile sells nothing: it lists HUD, VA, USDA and Freddie Mac homes with published rules and links the seller.
- 2,247 government REO rows on the wire as of October 20, 2026, list prices $5,000 to $1,240,000.
| Date | Type | Source | Property (REO) | ST | Price / bid | Record |
|---|---|---|---|---|---|---|
| 2026-10-06 | REO | HUD Home Store | 108 Hayes St | KS | $85,000 | verified |
| 2026-10-06 | REO | VRM Properties (VA acquired / REO listing portal) | 828 Friendship Cir Labelle | FL | — | verified |
| 2026-10-06 | REO | HUD Home Store | 822 White St SW | GA | $127,000 | verified |
| 2026-10-06 | REO | HUD Home Store | 2217 2nd St | TX | $99,000 | verified |
| 2026-10-06 | REO | HUD Home Store | 501 Whitehead Dr | MS | $121,000 | verified |
| 2026-10-06 | REO | HUD Home Store | 1311 Park Heights S | OK | $122,000 | verified |
REO: 6 of 2,247 rows, October 20, 2026.
Where the rows differ
Seller, fee and rules. A government seller publishes an owner-occupant period, financing codes and a case number; a marketplace sets a premium and may hold a reserve above the bid you see.
Where they are alike
Post-foreclosure sales at a price, inspection access, financing allowed, scheduled price cuts on unsold homes.
Using both
Government and GSE REO on the wire, free; bank REO on the marketplaces or in DLRadar's working file.
More REO rows seen on the wire
2026-10-06: HUD Home Store listed 9 Shenandoah River Dr, TX at $192,000. 2026-10-06: HUD Home Store listed 248 Wonderful Life Way, TX at $220,000. 2026-10-06: HUD Home Store listed 113 Buttercup St, TX at $312,000. 2026-10-06: HUD Home Store listed 1118 Norman Ave, TX at $150,000. 2026-10-05: HUD Home Store listed 12011 Hopcraft Rd, MI at $370,000. 2026-10-05: HUD Home Store listed 2536 Tricia Dr, MI at $195,000.
REO: questions
Are Auction.com homes on the wire?
No. The free monitor is federal and GSE sellers.
Is a buyer's premium charged on wire rows?
Not by DLRadar; some federal sellers charge one, stated on the notice.
What are the newest REO rows on the wire?
2026-10-06: HUD Home Store listed 108 Hayes St, KS at $85,000. 2026-10-06: VRM Properties (VA acquired / REO listing portal) listed 828 Friendship Cir Labelle, FL. 2026-10-06: HUD Home Store listed 822 White St SW, GA at $127,000.
How many REO rows carry a published figure?
For REO, 1,647 of 2,247 rows show a figure, and 600 REO rows show a dash.