Wisconsin Foreclosure Section | Foreclosures | Bank Owned | Short Sales | REO – Real Estate Owned | BPO – Brokers Price Opinion | Rent to Own | Land Contract
Bank Owned | REO – Real Estate Owned | WI. Foreclosures
Bank owned property also known as REO – Real estate Owned or Foreclosure property is where a bank / lender takes back the real estate after the property owner defaults on the payments. What are bank owned foreclosures and how can I find bank repos?
How to find and buy Bank Owned Properties
Foreclosed Homes List 1 | House List 2 | Vacant Land | Foreclosed Commercial -
PLEASE NOTE These list randomly expire email email@example.com to reactivate them or click on the link below to stay up todate via your email address!
FREE FORECLOSURE SEARCH - a custom MLS search for foreclosure, short sales and even hot Central WI. properties; Bank Owned homes, Foreclosed Wisconsin Land, Short Sale Commercial Properties, etc…
Free MLS, up to date list of Bank Owned, Foreclosures, REOs and Short Sales.
What is a Bank Owned Property or Real Estate Owned
Bank owned property is foreclosed real estate after the judge slams the gaval down in foreclosure court. At this point the home or property owner no longer has any interest in the property and now the bank becomes the sole owner of the real estate.
Banks do not want to own the foreclosed property so normally they hire or outsource the property to a BPO, Broker’s Price Opinion company who then hires a local real estate company. The real estate agent then does a BPO which is basically the same thing as a CMA - Comparative Market Analyst which compares similar sold and active properties in a giving geographical area. The bankers and real estate agent sets a price to move the property as soon as possible normally with in a 90 day period. And the agent promotes the property as a Bank Owned foreclosures home to help market the property because bank repo’s normally mean great deals if the previous home owner didn’t trash it.
Banks that own a lot of Foreclosures & REO – Real Estate Owned
Country Wide REOs - http://www.countrywide.com/purchase/f_reo.aspBank of America’s REOs - http://bankofamerica.reo.com/search/propertysearch.aspxCitiBank Bank Owned Homes - http://www.citimortgage.comWells Fargo REO website - http://www.pasreo.comFannie Mae Bank Owned Real Estate - http://www.fanniemae.com/homepath/homebuyers/buying_fanniemaeowned.jhtmlFreddie Mac - http://www.freddiemac.com/corporate/company_profile/faqs/#13Realty Trac Foreclosures & Real Estate Bank Owned Homes - http://www.realtytrac.com/foreclosure/REO/reo-bank-owned-homes.html
1705461 Walk to the Lake!Friendship, Wisconsin
Big roche a cri lake | camping allowed | wooded lot | state park nearby | waterski | lake access |
act now or you will miss this awesome wooded lot with... Read more!
1721338 - Wooded Waterfront Building siteOxford, Wisconsin
Buildable acreage | waterfront | pond | peppermill creek | crystal clear water |
beautiful waterfront parcel that is ready for your... Read more!
1706073 Acreage loaded with deer & has Deeded Lake AccessAdams, Wisconsin
Camp or build | mostly wooded | easton shores lake | secluded |
mostly wooded cabin site for sale with a nice small opening suitable for a... Read more!
Currently #2 of Top 100 Popular Real Estate Websites
Click the Image to get Us back to #1
1715003 - Heavily Wooded & Rolling Acreage by Wisconsin DellsWisconsin Dells, Wisconsin
Very Private | Heavily Wooded acreage | Close to Lakes & Rivers | Camping ... Read more!
1684143 Near unique entertainment, River & Lakes!Wisconsin Dells, Wisconsin
Unique entertainment nearby | Wisconsin Dells Area | Camping Allowed | Wi... Read more!
1716727 camp or building site w/157 Acre wildlife conservancy!Arkdale, Wisconsin
Deeded Creek Access | Castle Rock Lake | 157 Acre Nature Conservancy | Priv... Read more!
1721088 - Camper Ready w/Well, Septic & Electric onsite!Westfield, Wisconsin
The Preserve at Lawrence Lake | Over 2 Acres | Well, Septic & Electric | La... Read more!