How to get foreclosure listings as a realtor


A bank-owned or real estate owned (REO) property is one that has reverted to the mortgage lender after the home fails to sell in a foreclosure auction. Once the bank owns the property, it will handle eviction (if necessary), pay off tax liens and may do some repairs. Stage 1: Pre-foreclosure. At this point, the property owner has been given legal notice that the foreclosure process is about to begin. If the owner can’t cure the default and get the loan back into good standing, the only way to avoid foreclosure is to sell the property before the mortgage holder takes it away. May 19, 2011 · REO agent, Todd Miller, describes how to get REO listings and what to look for. Todd has sold over 1,000 REO listings in the last 4 years for numerous REO sellers. Some of the highlights include ... Real estate foreclosures on foreclosurelistings.com are updated regularly and are placed into one of five main categories of our foreclosure listings’ database: foreclosures, foreclosure homes, pre-foreclosures, auctions and short sales. Foreclosurelistings.com is an easy to use site because with a simple click of a mouse you can find homes ... Why buy a JP Morgan Chase REO Home? Bank-owned homes, also known as REO homes (real estate owned), offer advantages over foreclosures. What distinguishes the REO home is…