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KW Defaults Digest

Toolkit

"Checklists and kits you can use on your next file."

Defaults Digest

+2

Bank-owned (REO) home checklists: incidents and repeat inspections

Oct 28, 2026

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3 min read

Bank-owned (REO) home checklists: incidents and repeat inspections

For agents who visit bank-owned homes: what to do and report when something goes wrong, and how to compare a repeat inspection with the last one.

Defaults Digest

+2

Bank-owned (REO) and loan servicing terms in plain English: glossary

Oct 28, 2026

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11 min read

Bank-owned (REO) and loan servicing terms in plain English: glossary

For agents taking bank-owned listings: plain meanings for the deed, possession, closing and servicing words used after a foreclosure sale.

Short sales

+4

Short sale, loan modification and BPO terms in plain English: glossary

Oct 28, 2026

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6 min read

Short sale, loan modification and BPO terms in plain English: glossary

For agents working with homeowners behind on payments: plain meanings for 48 short sale, loss mitigation and broker price opinion (BPO) terms.

Defaults Digest

+2

Photo checklist for bank-owned (REO) property visits, room by room

Oct 28, 2026

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2 min read

Photo checklist for bank-owned (REO) property visits, room by room

For agents who photograph bank-owned homes: what to set up before you go, which shots to take in each area and how to check them before you leave.

Defaults Digest

+2

What to bring to a bank-owned (REO) property visit: packing checklist

Oct 28, 2026

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2 min read

What to bring to a bank-owned (REO) property visit: packing checklist

For agents visiting bank-owned homes: what to pack for each visit, what to leave out and how to restock and report when the visit ends.

Foreclosure

+3

Foreclosure terms in plain English: from missed payment to bank-owned

Oct 28, 2026

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12 min read

Foreclosure terms in plain English: from missed payment to bank-owned

For agents new to default work: the six stages from a missed payment to a bank-owned home, the words used at each stage and eight common myths.

KW Defaults Digest

Practical lessons for agents who work defaults: REO, BPOs, short sales and pre-foreclosure, plus live training recaps.

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