Bank-owned homes, also known as REOs (real estate owned), can offer great opportunities for buyers looking for a deal. However, the process can be a little different than purchasing a regular home. In this article, we’ll walk you through how to find bank-owned homes, the benefits of buying them, and the steps involved in negotiating the price, handling repairs, and ensuring a smooth transaction.

Bank-owned homes, also known as REOs (real estate owned), can offer great opportunities for buyers looking for a deal. However, the process can be a little different than purchasing a regular home. In this article, we’ll walk you through how to find bank-owned homes, the benefits of buying them, and the steps involved in negotiating the price, handling repairs, and ensuring a smooth transaction.