The U.S. foreclosure crisis has caused thousands of homes to become foreclosed. I will provide you with a list of banks who can provide you with information about foreclosures in the U.S. Take the time and go through these websites - I did and I'm laughing all the way to the bank.
What are bank foreclosure homes?
Bank owned foreclosures, also know as REO (real estate owned) properties, are properties which have gone into foreclosure and have been returned to the bank. You can purchase these homes below market value and sometimes up to 50% below market value.
Here is a list of banks whose websites you can search for properties owned by that particular institution:
AMERICA TAX FUNDING
Not really a bank, they have tax certificate foreclosed property
NATIONAL BANK OF ARIZONA HOMES FOR SALE
Property owned by National Bank of Arizona
BANK OF AMERICA FORECLOSURES
One of the largest lenders in the US, you can search for residential or commercial. They do list how many properties are in each state, making the search easier.
BEAL BANK FORECLOSURE LISTINGS
Beal Commercial Properties - Beal Bank sells all of its real estate through licensed real estate brokers in the local market where the property is located.
Bank owned property in North Carolina, South Carolina and Florida
CHASE OWNED PROPERTIES
Select Chase homes by state
CITIMORTGAGE - CITIBANK OWNED PROPERTIES
Searchable by state and proeprty type
COMPASS BANK HOMES FOR SALE
Foreclosed property listed mostly in Alabama and Texas, some New Mexico and Colorado Get Internet #1 - Fifth Third Bank Reo Listings @ http://realestatecure01.webs.com and change your financial life forever!
The largest independent home loan originator, now owned by Bank of America, they have listings thoughout the United States.
DOWNEY SAVINGS & LOAN
Downey Savings is regional, based in Southern California, but they now have listings in various states throughout the US, most property is still in California
FIFTH THIRD BANK
Michigan and Florida have the most properties.
FIRST FEDERAL BANK OF CALIFORNIA
California foreclosed homes.
FIRST NATIONAL BANK OF ALASKA
CAPMARK - PREVIOUSLY WAS GMAC COMMERCIAL MORTGAGE
Commercial properties throughtout the U.S.
GRP FINANCIAL SERVICES
They have a nice feature where states with property are coloured blue, and the number of properties listed in that state appears on the map.
HOME LOAN BANK
Wisconsin, Michigan, Pennsylvania, New York, Maine, Texas
HSBC HOMES FOR SALE
Search HSBC foreclosures by state
Many states listed, they also have a lot of manufactured housing listed.
ForeclosuresUS.com has FREE foreclosure listings. Search for your new home for FREE, in all 50 states. They also provide pre-foreclosures, for sale by owner and bankruptcy homes.
I hope you found this information helpful. Get Internet #1 - Fifth Third Bank Reo Listings @ http://realestatecure01.webs.com and change your financial life forever!
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