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REO/Foreclosures

dorothy jensen realty foreclosure sign

REO (Real estate owned) is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction.

Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.


Hire A Professional Real Estate Agent

Unless you have direct experience negotiating with banks, you may receive better representation by hiring your own buyer’s agent. Dorothy Jensen Realty, Inc. specializes in REO and foreclosures. Please contact us if you are thinking about buying a foreclosure.

Dorothy Botsoe

dorothy jensen
Real Estate Broker
Dorothy Jensen Realty, Inc.
P: (914) 328-3650
F: (914) 328-8428
20 Haarlem Avenue
Suite #406
White Plains, NY 10603
License #: 31JE0830971
Office License #: 109923626
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A Better Way to Buy and Sell Real Estate

This is a one-stop real estate website for all your home buying and selling needs in White Plains, NY.

Contact us if you'd like more information on finding your dream home or preparing to sell your home.

Dorothy Botsoe, BA, ABR, CBR, CRB, CRS, GRI, ITI
2017 HGAR President
2012 HGAR Realtor of the Year
REO Broker

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