This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.
© SmartZip, Inc., 2024. Home estimated values and investment ratings are provided by SmartZip Analytics, Inc. and subject to SmartZip's Terms of Use. What's a SmartZip Score?