want to buy foreclosure properties, here are some websites

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Mortgage and Lending with kandola mortgage services

 

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)

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Rainer
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» Bill Burress Nationwide Mortgage Originator
» Bill Burress Nationwide Mortgage Originator - Fort Myers, FL
Thanks for the links.   This is becoming popular and will be for some time.
Sep 02, 2007 08:56 AM #1
Rainer
132,216
David A. Podgursky PA
THE PODGURSKY GROUP @ Re/Max Direct - Boynton Beach, FL
THE PODGURSKY GROUP - Make the Right Move!

good info for all of us to know since many of our clients will want to buy these properties

Sep 02, 2007 09:04 AM #2
Rainer
24,462
Nora Adkins
Realty Executives - Tucson, AZ

Another one is realtybids.com

Thanks for these, I'll check them out.

Sep 02, 2007 09:19 AM #3
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Rainer
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raman kandola

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