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Real Estate Owned: REOReal Estate Owned (REO) properties are properties that end up in the bank's or lender's possession because a buyer could not be found during the foreclosure sale (i.e. auction). REO's and foreclosures should not be used interchangeab
What is Pre-Foreclosure?Pre-foreclosure is the beginning stage of the foreclosure process. It is the period between the day that a public default notice is filed and the day of the foreclosure auction. It is the homeowner’s grace period in which he is able to reinstate his loan (without ruining his credit score).
Foreclosure Resource CenterMore real estate resources can be found in our Real Estate Resource Center.
About REO Listings Homereolistingshome.com is a web-resource for locating foreclosure properties. It has formed a database containing a superior inventory list of distressed properties (i.e. pre-foreclosure properties, foreclosure properties, short sale properties, bank owned properties, auction properties, etc.). It provides homebuyers with a reliable, easy to use search tool for foreclosure listings that were gathered from national network of sources.
Why We’re Different
As a result of a high demand for foreclosure homes, there has been a burst of free foreclosure listings popping up all over the web. However, homebuyers should keep in mind that these free listings are often posted and then left unattended; thus, sites that offer free listings generally contain information that is incomplete, inaccurate, or outdated. It is widely agreed upon by professionals that paid searches provide a far more productive approach to finding a great bargain in the foreclosure market. While keeping in mind the interest of providing its users with the market’s leading discount priced foreclosure properties, reolistingshome.com has collected premium listings from all over the nation.