Bank Foreclosure REO

Bank owned REO properties are homes, property or land that has been reposessed by a bank that has a loan against the property.  Banks then will offer the REO home or property in an aution or place the REO on the market themselves.  Banks will often put the REO property on the market at a below market price.  This benefits a buyer that is looking for a property at a great price and is willing to put some work into taking care of any needed repairs.

In Central Arkansas there are hundreds of Bank owned REO foreclosure properties.  Century21 Real Estate Unlimited can assist you in finding these REO homes for sale and help you make the best decision for your situation.