Commercial Real-Estate Owned “REO”s are bank-held properties that have been foreclosed upon due to non-payment or other default. Bank-Owned REOs represent an opportunity for investors to purchase commercial real estate at a fraction of the prices seen in the marketplace only years ago. Presently, investors from around the world are taking advantage of the situation and purchasing properties at steep discounts. “America is on sale” is the phrase many buyers are using.
STATUS International Real Estate’s seasoned advisers assist buyers from around the globe with purchasing commercial properties in the United States. Our advisers can help structure sales with banks for inventory that is not yet publicly marketed. These “off-market” properties represent a prime buying opportunity for investors. Buyers are also guided through negotiations with bank-owned properties that are listed and pre-foreclosure properties. STATUS real estate advisers are also well-versed in the auctions and can assist with the due diligence process that is necessary prior to bidding on any asset. Contact STATUS International today to find out about commercial bank-owned properties.
