This property is Real Estate Owned, or REO.
The property was foreclosed and repossessed by a lender when the owner failed to make payments. A bank is now the owner. Since banks are not in business to own homes, they are usually interested in selling foreclosed homes quickly at attractive low prices. A list price is published but reasonable offers
"Welcome to 136 Pleasant View St.
a stunning property in a quiet area of Almy, Wyoming. This spacious home boasts 4 bedrooms and 2 bathrooms spread across 2,740 square feet.
Click here to learn more about this listing.
This is a HUD Home that the government's Department of Housing and Urban Development foreclosed on after the original owner stopped making payments.
This home is sold via an auction process whereby the highest bidder wins the home, but usually at prices affordable for lower-income families. Owner-occupants are given preference before investors.
