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REO SoCal

REO SoCal.com is a dynamic foreclosure glossary and multi-database REO property search. REO SoCal provides information from the major government REO (Real Estate Owned) databases in addition to database information on pre - foreclosure, (currently in default and trustee sale status). You can also subscribe to our foreclosure "Term of the Day " feature.

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Foreclosure Term of the Day -

Summary Judgment

A legal procedure in which one side wins a lawsuit without a trial by showing that the case involves no material fact issues, but only legal issues that can be decided by the judge. If the judge agrees, then one side wins by Summary Judgment.