Commercial Real Estate Foreclosure and Auctions

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Commercial Foreclosure	Pre-Foreclosure	Foreclosure Properties at Auction
Property Value	Commercial Real Estate Auction	Advantages of Selling via Public Auction
REO Properties	Public Auction vs. Foreclosure	Auction Tips

REO Properties

An REO property (Real Estate Owned) is one where the lender (bank) has assumed full control, either after a full foreclosure or prior to an auction. The benefit of buying an REO property is that you will not be liable for any liens or debts, however you'll usually pay closer to market value than you would at an auction or through pre-foreclosure.

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