How Do You Buy Bank-Owned Foreclosure Properties (REO Listings)?
The bursting of the real estate bubble and general downturn of the economy has brought financial hardship upon many home owners. Foreclosures are at record high levels. But this spells opportunity for real estate investors and home buyers who buy bank-owned foreclosure properties, also known as “Real Estate Owned” or REO listings. This article explains the process for buying foreclosure houses, condos, and multiple-unit residential properties at deep discounts. The article is written by a top San Diego Realtor at RE/MAX who has helped hundreds of people buy homes in San Diego, CA using this simple step-by-step process. Begin the process of buying any type of real estate by doing some research. The Internet is the place to start. Every real estate market in the United States is served by a Board of Realtors. The Realtors maintain a database of homes for sale in every city, town, and neighborhood. The database is called the Multiple Listing Service, or MLS. The San Diego MLS is maintaine
