The 10 Best Cities To Buy Bank-Owned Properties• Mamta Badkar
Some of the best deals for buyers in the foreclosure market are real estate owned (REO) properties. These properties are taken over by banks after unsuccessful sales at foreclosure auctions.
We drew on RealtyTrac data to put together a quick guide of the 10 metropolitan areas where homebuyers are getting the best deals on REO sales.
1 Comments in Response to The 10 Best Cities To Buy Bank-Owned Properties
How can someone buy a home as a Bank Owned Real Estate when the servicers and trustee's are the one's who foreclosed? They are not owned by BANKS!...they were already paid!