I believe the REO date is the day the actual trustee deed document is recorded at the county recorder’s office.
Once the trustee sale takes place on the steps of the court house, it takes a few days, and sometimes a couple of weeks or more, for the actual document to make it to the recorder’s office.
I guess it’s standard practice, but if it were me and I just plunked down a few hundred thousand cash, I’d like my document recorded promptly.
