want to buy foreclosure properties, here are some websites

Psssst... wanna buy a foreclosed property? After a default and after the house does not sell at the Trustee Sale,

the bank/lender owns it. As most know, this is called "REO", for Real Estate Owned. Currently mortgage

companies continue selling their REO's through real estate agents, who list them on the MLS. You would probably

need to make an offer through an agent, but here are some sites which list the properties:

http://www.countrywide.com/purchase/f_reo.asp

http://www.downeysavings.com/ffs/properties

http://www.pasreo.com/reo/ (Wells Fargo)

http://www.homesteps.com/hm01_1featuresearch.htm (Freddie Mac)

http://www.mortgagecontent.net/reoSearchApplication/fanniemae/reoSearch.jsp (Fannie Mae)