Bank-Owned Properties

This page includes searches of properties that have been foreclosed upon and are now bank-owned (sometimes referred to as repossessions, foreclosures, or REO). To enable you to quickly focus on properties in the location and price range you desire, the searches are broken down by city and within in each city they are broken out in $50,000 and $100,000 increments.

Often bank-owned properties are considered to be good investment properties because they are sometimes considered to be priced below the general market. However, as the real estate recovery proceeds bank-owned properties are often priced close to or at the general market price. It is important to understand that the banks sell these properties “as is”. Sometimes these properties are in good condition and need little work. Other times, they require significant work to make them ready for occupancy. Although it is important to get a home inspection before closing on any home purchase, because of the varying quality and “as is” nature involved in the purchase of a bank-owned property a home inspection is vital before completing the purchase of one.

Priced for $50,000 or Less


Las Vegas

Boulder City

North Las Vegas