The best way to find REO properties is to follow the market.
The first step is to watch the newspaper for Notice of Defaults, which is a leading indicator of upcoming foreclosures that could be coming to the market. The next step is to follow the Trustee’s Sales. These are properties that have been foreclosed by the bank, and will be available for purchase at public auction. The county recorders office and/or title company can be a good source for upcoming property auctions. The final step
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