Here’s where to point your internet tool to find the right property for you.
The required opening bid for an REO auction is typically the outstanding loan amount.
Bank REOs can be great values in the real estate market.
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Likewise, they can serve up some real stinkers, so be thorough in your research.
Here are a few sites to check:
This list includes well-known banks that cover national or regional areas.
The properties are available through conventional sales and auctions.
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Nowadays, listing these types of properties is just another way to attract buyers.
By Daniel Case - Own work, CC BY-SA 3.0/Wikimedia Commons
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