205,813 New Listings - Last update: November, 21 2009 9:06 AM EST

Repo Homes


Repo homes are properties that have been repossessed by a mortgage lender due to the homeowner's default on their home mortgage loan. When a homeowner defaults on payment, the lender will repossess the house through foreclosure, and then sell it at public auction in order to reclaim the amount of money lost on the delinquent loan. Often, repo homes can be bought for far less than their true market value, since property at auction tends to be undersold. This presents a great opportunity for homebuyers and investors to save lots of money on their next real estate purchase!

Foreclosure1.com maintains a database of over 500,000 repo homes and other properties currently scheduled for auction around the United States. Our Foreclosure Express service brings the listings right to you, too! Just provide us with the cities, counties or states that interest you and we'll deliver lots of listings right to your account. It's simple! And with our 24-hour customer support, you'll never have to worry about questions you run into. We even provide satellite photos of our listing to help you decide!

No matter what your level of experience, Foreclosure1.com can help you be more successful in your search for great deals on Repo Homes and foreclosure real estate. Sign up for our seven-day trial today and come see just how much you've been missing!


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Click on the Map and Search Bank Foreclosures USA map
Mortgage TypeTodayLast WeekChange
15 Year Fixed4.510%4.510%0.000%
30 Year Fixed4.993%5.034%-0.041%
1 Year ARM3.371%3.404%-0.033%
3/1 Year ARM3.507%3.515%-0.008%
5/1 Year ARM3.534%3.551%-0.017%

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