Owned Real Estate .com is a Foreclosure Property and Bank Owned Real
Estate resource. Featuring information on foreclosure auction and real
estate in the US banking markets.
Helping real estate buyers locate homes,
condos and other bank owned real estate for sale. The mortgage forclosure
crisis has resulted in a significant increase in the number of bank owned
(REO) property listings on the market. The tools below will help consumers
locate bank owned houses, mortgage pre-foreclosures, commercial properties,
condos and other and real estate assets owned by banks and mortgage lenders.
The market is continually changing and
this includes the bank owned real estate market where lenders have adjusted
to changing market conditions and, due in part to government regulations,
are more reasonable and receptive to allowing homeowners in financial trouble
to try and work out of their situation wiothout losing their homes.
So called "short sales" have increased
in popularity, this is where the lenders are willing to allow a mortgaged
property to be sold for less than the existing mortgage.
Use the bank owned real estate and mortgage
foreclosure resources to search the bank owned homes and properties foreclosure