Search For Foreclosures & REOs in Los Angeles
When a bank forecloses on a borrower, they take back the house and sell it on the open market. These properties are called REOs (which stands for Real Estate Owned). Often buyers can score great deals by buying from the bank. Typically, these properties sell below market value. If you find one that interests you, shoot me an email or call me ASAP as these properties generally sell very quickly!