Foreclosure Listings Updated on: July 24th, 2008  
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Bank Repo Homes and Bank Foreclosure Homes

Bank foreclosures are properties that are facing sale at public auction due to a homeowner's default on their bank-sponsored home mortgage loan. When a default occurs, the lending bank must sell the homeowner's property at auction in order to reclaim the amount lost on the loan provided. For homebuyers and real estate investors, these auctions can be extremely lucrative opportunities. Many bank repo homes sell for far less at auction than they ever would on the open market, leaving room for both great savings and potential profit!


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Foreclosure1.com has over 500,000 bank repo homes and other types of foreclosure properties from across the country available in our easy-to-use database. With our Foreclosure Express service, you can specify the cities, counties and states you want listings for, and we'll deliver them directly to you! We also offer 24-hour customer support as well as satellite photos so you can see where the bank repo home that interest you are situated!

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