Buying Real Estate Owned (REO) homes via short sale or foreclosure can save you money. Grab the opportunity, as banks are anxious to sell REO’s quickly.
When you purchase an REO home, there isn't a waiting period, and this expedites the buying process. REO's can be easy to find, but them can sometimes be a challenge.
Banks will sell quickly to expedite getting the house off their books. Available for less than their market value, REO’s offer a plethora of investment prospects. Many REO’s offer more value than other distressed properties.