REO (or Real Estate Owned) properties are properties that have been foreclosed upon and end up being owned by a bank or other lending institution. Some lenders have their own web sites devoted to their current inventory of properties. If you have an interest in buying a foreclosed home, an REO web site is one resource that you can use to locate a property in your area.
Here's a list of lenders with REO web sites that include South Central Wisconsin real estate:
You'll notice all of these web sites are from national lenders only. Plenty of other foreclosure properties are available beyond what is listed in the web links above. We'll cover other methods that you can use to locate foreclosure properties in our next post.
No comments:
Post a Comment