Welcome to "Lender Owned" (also known as REO'S or "Real Estate Owned") section of my web site. These are properties that have already went through lengthly foreclosure process.They are now being sold to the public by the lenders.

Advantages

• Priced at or below foreclosure prices.
• Closings are normally in 30 to 60 days once offer is accepted by the bank.
• Financing is available through traditional sources for as low as 3.5% down.

Disadvantages

• No warranty on these homes, most are sold as is.
• Lender will generate multiple bids and buyers sometimes get into a blind bidding situation.
• Lack of proper or timely communication by lenders in many cases.
• Homes are vacant and are sometimes distressed and/or pillaged costing $$ to repair 

You can search yourself for Lender Owned Homes by clicking the below town links. I have made it easier for you by grouping the towns by area. When you click on a town link it will bring up any listing that is lender owned and for sale in that town's name. Please keep in mind that the this information is entered by the listing agent. As long as that agent entersthe information correctly it will display correctly.

You can save your search and even save individual properties by clicking save and then creating a password protected account. Once you have created an account for your saved searches, you can scroll down to the bottom of my home page and log in to retrieve your searches. When you are ready for my assistance you can select the request a property box, Click the link and fill out your information and I will be in touch shortly to assist you in your search for the perfect property.