Remove Bankruptcy Remove Loans Remove Real-estate owned
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How to find foreclosure leads and turn them into clients

Housing Wire

Depending on where they are in the process, they might still be living in the home (also called pre-foreclosure), actively listed for auction or already repossessed by the bank (referred to as real estate owned or REO). Each stage represents a different kind of opportunity, and knowing how to approach each one is key.

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Distressed Property: What It Is And How To Invest

AAOA

Sometimes, life throws the owner curveballslike divorce, bankruptcy, or forced liquidationwhich can also lead a property down this path. Get a Free Multifamily Loan Quote Access Non-Recourse, 10+ Year Fixed, 30-Year Amortization GET A FREE QUOTE Types of Distressed Properties to Invest In Distressed propertiesfall into various categories.

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Warning: Housing Bubbles Tend to Burst. Here’s How Agents Can Prepare

The Close

One year later, in September 2008 when Lehman Brothers—the nation’s fourth-largest investment bank—filed for Chapter 11 bankruptcy, it signaled the start of the largest real estate crash of our lifetime. An REO agent represents banks and loan servicing companies to sell the homes that they foreclosed upon.