New Clovis Foreclosures

CALIMYRNA AVE.-CLOVIS 93611

Asking Price: $399,900

4 Bed / 2 Bath

2,287 SqFt / 9,440 SqFt Lot

Almost new, Wilson Summit Sierra model on corner lot, with 3 car garage, formal dining room, transom windows, very clean, must have prequal with offer, sold AS IS. more info

--------------------------------------------------------

4840 ASHVILLE CT.-CLOVIS 93619

Asking Price: $499,900

4 Bed / 3 Bath

SqFt 2,507 / 7,200SqFt Lot

Located in Quail Lakes this REO Needs some TLC, but lets make a deal, you provide the elbow grease, seller will provide a great price. 1 bed, bath downstairs, Must have prequal with offer, sold AS IS. more info

Why Invest in Real Estate Owned Properties (REOs)?

Bank Real Estate Owned Properties (REOs), are the most admired class in the REO market. Bank owned properties are the most popular properties in the foreclosure marketplace because banks are the most dependable source of foreclosed homes. Banks are seen as the best resource of these properties. An REO can strengthen your financial position. It may also be the biggest purchase you make. Because it is such a huge commitment, it is important to understand the buying process.
A lot of homes exist in the REO market and many are sold for much less than their true market value. Completing a sale that is cost effective can be quite easy. When you join E-ForeclosureSearch.com's foreclosure listing services you can find recent REO listings, REO auctions and priceless guidelines to find the right REO deal. Join now and start searching immediately for REO properties to invest in.

Search more:

• Real Estate Foreclosures
  
• REO properties

What is an REO?

REO properties, or bank owned properties, are properties that are owned by banks because they have foreclosed on mortgages. The banks do not like to have these REO properties in their possession for different reasons:

• REOs reflect badly on the bank for having made bad lending decisions.
  
• REOs require maintenance that banks are not equipped to provide.
  
• REOs are expensive to maintain. They need to pay for insurance, taxes, maintenance, etc.

New Fresno Foreclosures

E INDIANAPOLIS FRESNO CA. 93726

Asking Price: $199,950

2 Bed / 1 Bath
920 SqFt / 6,262 SqFt Lot

This is a classic, original cheap wood paneling, two toned turquoise tile, hideous wallpaper, ugly lino, but hey its clean, and priced right. Must have prequal with offer. close to CSUF, great for those crazy college kids. more info

W PAUL AVE.-FRESNO CA. 93722

Asking Price: $305,000

4 Bed / 2 Bath
SqFt 1,767 / 6,760 SqFt Lot

Year Built: 2001

Slightly used Cambridge on corner lot, needs some cleaning, painting and TLC. Check the comps, best price in area, must have prequal with offer. don't miss this one, go go go. more info