: Major banks like Bank of America have dedicated REO search tools. Government-owned listings can be found on sites like HUD Homestore , Fannie Mae's HomePath , and Freddie Mac's HomeSteps .
: Sites like RealtyTrac and Foreclosure.com specialize in listing distressed properties, including pre-foreclosures and auctions. How to Buy a Bank-Owned (REO) Home buy bank homes foreclosures
If a home fails to sell at a public auction, it reverts to the bank and is sold as an REO. The pros and cons of buying a foreclosed home : Major banks like Bank of America have