Foreclosure/REO (Lender Owned) Property
Although short sales (pre-foreclosures) are gaining in popularity there are several reasons a high percentage of properties go through the sheriff sale and redemption period without selling. That is when they become a true "foreclosure" or bank/lender owned REO (Real Estate Owned) property. It is difficult to purchase these properties directly from the lender. Even though lenders often post their REO properties on their websites they will typically only accept offers when the property is listed on the MLS and they have a realtor to represent them. We can provide lists of REOs already on the market and properties we anticipate will be on the market soon.
To request a list of bank/lender owned properties please complete the information below.
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