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Start earning on your real estate investment during the foreclosure process

The Smart Investment

Investors shaking hands on real estate deal

What is a preREO?

A preREO is a delinquent first mortgage secured by a vacant property, typically a single-family home or condo. With “zombie” properties scattered throughout the United States, lenders often struggle to properly maintain these preREOs.

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Why Choose preREO?

These vacant properties become a burden on lenders, incurring significant property preservation costs and often leave local communities suffering with the blight of abandoned and deteriorating homes.

preREO brings noteholders and community investors together, allowing for more efficient maintenance and improvement of these challenged properties.

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We Have the Experience

Solution to the Problem

The preREO Solution

Find Assets Easily

Search and bid on profitable preREOs on one platform, which makes finding your next opportunity easy.

Partner with Knowledgeable Professionals

preREO connects you with experts familiar with this unique process including appointing a receiver, servicing a loan and more.

Positive Return on Your Investment

Start earning immediately by leasing or renting during the foreclosure process and see your community flourish.

Bid, negotiate and partner with preREO on the mortgage holder interest in a property

Take control with the help of Activist Legal to repair and rent during the foreclosure process

Maximize returns during foreclosure, then build a rental portfolio or sell your REO.

Easily browse on one platform for discounted and distressed mortgages secured by a vacant property

Bid, negotiate and partner with preREO on the mortgage holder interest in a property.

Take control with the help of Activist Legal to repair and rent during the foreclosure process

Maximize returns during foreclosure, then build a rental portfolio or sell your REO.

Find Your preREO

Win Your preREO

Appoint a Receiver

Earn a Profit

How preREO Works

Easily browse on one platform for discounted and distressed mortgages secured by a vacant property