Take advantage of this $50,000 below market home just ***Â APPROVED by bank at $225,000! ****Home has 3 bedrooms, 2 bathrooms all on 1 level, no stairs for kids or elderly to deal with. Comes with real
Thanks for your question about purchasing an REO. An REO is the last stage in the foreclosure process and these properties are typically listed on lender websites, Bank of America, Chase, & Fannie Mae websites all list their REO properties that are for sale (they have properties that are not for sale). These websites will show you the 'real prices'.
A good local agent can help you find an REO property and walk you throught the process. Please be advised that purchasing an REO is a longer more involved process than purchasing a property that is not distressed.... more