Tuesday, November 20, 2007

Where to Find Foreclosed Real Estate

If you think now is the time to start to pick up bargains in real estate [I don't], then you may want to look at REO's. REO stands for Real Estate Owned, and is the real estate that is foreclosed on by banks, which is then put up for sale. The following is a list of several banks and their links to their REO sites.

Bank of America (BAC)

BB&T (BBT)

Downey Savings (DSL)

Fannie Mae (FNM)

Freddie Mac (FRE)

GMAC (GJM)

Sallie Mae

HSBC (HBC)

US Bank (USB)

Wells Fargo (WFC)

Zions Bank (ZION)

By Fred Fuld at Stockerblog.com

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