Foreclosure Homes

Bank of America

Foreclosed homes from Bank of America. Bank of America is one of the "Big 4" lenders in the United States. It's easiest if you enter a state's two letter abbreviation into the search box.


Chase is also one of the "Big 4" lenders with foreclosures for sale in the United States.


Citi is the third of the "Big 4" lenders in the United States with foreclosure listings in most states.


HomePath handles the marketing of Fannie Mae foreclosures for sale. Fannie Mae purchases home loans in the secondary market.


Freddie Mac also purchases loans on the secondary market, HomeSteps markets their foreclosed homes.


HUDHomestore handles the marketing and distribution of HUD foreclosures.


Veterans Affairs has Vendor Resource Management handle the marketing of their foreclosed properties.

Wells Fargo

Wells Fargo has many foreclosure listigs and is the 4th of the "Big 4" lenders.

Branch Banking And Trust

You will find REO properties for sale in Alabama, District of Columbia, Florida, Georgia, Indiana, Kentucky, Maryland, North Carolina, South Carolina, Tennessee, Texas, Virginia, West Virginia

Fifth Third Bank

Michigan, Florida, Ohio, North Carolina, Illinois and Indiana have the most foreclosure listings, it's now part of the ResNet site.


Fast and effective search. Details are on a pop up page, there's a yellow "close" button in the lower left to close the detail pop up.

Manufacturers and Traders Trust

Find homes in default, foreclosed properties for sale and commercial properties also available, the drop down list only lists states with property.

PNC Bank

The residential section is what you'll probably want to find foreclosures owned by PNC. Did not see anything in Alaska, North Dakota, Nebraska, Mississippi or Wyoming.

Regions Bank

Foreclosed homes in Alabama, Arkansas, Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, Minnesota, Missouri, Mississippi, North Carolina, New Mexico, Oklahoma, Pennsylvania, Tennessee, Texas, Virginia, Vermont

Suntrust Mortgage

A subsection of the site. Hit or miss as to whether a state has foreclosure properties, many of the more populous states did have them.

U.S. Bank

USBank has Chronos Solutions handle their bank owned property, so the link will take you to Chronos Solutions.

United Bank

Bank REO in Alabama, Louisiana and Tennessee

First National Bank of Alaska

Alaska REO properties for sale - not a whole lot

Westamerica Bank

Bank foreclosures in California Central Valley

Wilmington Savings Fund Society

A list with a good number of foreclosures for sale with price still To Be Determined(TBD) in Delaware

Capital Bank

You will find a good number of Florida and Carolina foreclosures for sale.

United Community Bank

We discovered most foreclosed property was in Georgia. The "search" button is at the bottom of the search parameter selections.

Republic Bank

Republic Bank will sell repossessed homes in Kentucky with some Indiana included

Mechanics Savings

Maine foreclosure listings

First Bank and Trust

Mississippi and Louisiana - we determined there were 118 foreclosure properties on the list when viewed.

Isabella Bank

Find Michigan foreclosure listings

Hancock Bank

Mostly Mississippi and Louisiana repos, little bit of Alabama and Florida, it's a large pdf file

The Provident Bank

Half dozen or so in REO properties in New Jersey.

Unity Bank

Used to be New Jersey foreclosures, now small list of commercial property in different states

Bank of Hampton Roads

North Carolina and Virginia foreclosures, you can select residential, commercial, land or all property types.

Nantahala Bank and Trust

N. Carolina homes and land, there were a few Georgia foreclosures included. Special financing offered by the lender.

Bank of North Carolina

Had a lot of foreclosure property listed but with a "sold" banner

Third Federal Savings and Loan

You will get foreclosure lists for various OH counties.

Guardian Savings Bank

Ohio REO listings, with a little bit of Kentucky repos sprinkled in.

Congaree State Bank

You will find limited properties in S. Carolina

Virginia Housing Development

Foreclosed homes in Virginia


Virginia foreclosures with some lists of North Carolina and South Carolina

Prime Pacific Bank

REO listings in the state of Washington

State Bank of Crossplains

Wisconsin commercial, residential and land for sale.

River Valley Bank

Wisconsin Bank Owned Property

Midcountry Bank

Many states, but not a lot per state. They also keep sold properties on the list which is annoying.

Condition of Title

Often when purchasing foreclosures buyers are concerned about the quality of title issued by the lender. A common belief is that there may be liens or judgments clouding the title. This is a myth. The lender will bid at auction only if it wants the property. The lender, typically the senior lien holder, wipes out all junior lien holders or judgments in the process.

If the foreclosing lender does not bid at that sheriff's sale or auction, it probably doesn't want the property. This may be due to excessive superior liens, such as IRS or tax liens. (Tip: If the lender doesn't bid for the property at auction, you probably shouldn't either.)

The lender, in an effort to recoup its losses, will bid on the property, wipe out other lienholders, then pay the balance of outstanding property taxes to secure the property's clear title. No lender will go through the time, effort and expense of foreclosing, only to lose the property for a few thousand in back taxes.

Having absorbed these costs, the lender generally adds them to the asking price and will sell the property with clear title. If you have heard that the lender must sell the property for what they paid for it at auction, forget it. Another myth is that all banks are bending over backwards to give away foreclosed homes. It's true that the lenders want to sell their foreclosures. Lenders, banks in particular, are corporations. These corporations are driven to make money, not to lose it. A bank has to answer to its shareholders just like other corporations do.

The business of repossessing properties is not new. Over the years, many lenders have developed effective methods of selling their REO's quickly, with minimal loss.

Property Disposition

Lenders are in the money business, not the real estate business. This is why most properties are marketed through recognized real estate brokers or agencies. Some agencies specialize in foreclosures and may represent several lenders' properties.

Brokers may have several investors lined up just waiting for a good property to turn up. Brokers can also assist the lender in determining market prices, suggest marketing strategies, recommend appraisers or contractors, etc.

Some lenders establish a set price for the property and will not allow the sales agent to consider offers for less. Many lenders dispose of their own properties. Depending on the size and complexity of its REO inventory, the lender may have one part-time clerk or a staff of special asset managers handling property sales.

Lenders with larger inventories often have a staff dedicated to analyzing and managing the properties, while at the same time coordinating and managing the brokers retained to market the properties. The lender determines the strategy and the broker markets the properties accordingly.