Bank Owned Properties - A Popular Choice for Aspiring Homeowners
In an attempt to recover losses resulting from mortgage defaults, banks are often eager to sell foreclosed properties
after the homes fail to sell at county foreclosure auctions
. These properties, also known as bank owned properties
or real estate owned(REO) properties, are available in abundance today due to the severe economic downturn.
Great deals on bank owned properties
For potential homebuyers looking for investment opportunities,bank owned properties
are popular due to prices which are often significantly lower than the current market rates. Hubzu enables first-time homebuyers to become seasoned experts by helping them through the process and identifying the best home to suit their needs.
Hubzu - Large selection of bank owned properties for sale
Hubzu provides a new and exciting way to buy a home through online bidding. We maintain one of the largest selections of bank owned properties or REO homes for sale.
Advantages of our online platform include:
- Explore many great home opportunities from the comfort of your own home
- Access insight on REO properties previously only available to real estate agents and experienced investors
- Find great deals on REO homes banks may be eager to sell
On Hubzu.com, we provide an online REO marketplace where you can explore bank owned properties and potentially purchase your dream home at a fraction of the market value.