Start earning on your real estate investment during the foreclosure process.

The Smart Investment

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.

Find out more

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.

See How It Works

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's 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's 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

Upcoming Events

preREO Events

Roundtable

From Offer to Close: A preREO Roundtable

August 14th 2020 - 11 AM CST

Join us for our first roundtable featuring a short presentation on what happens from offer to close followed by an open discussion with preREO pioneers. You’ll learn:

What to consider when making an offer
How to handle counteroffers
How the participation financing works

Webinar

How to Partner on preREOs Directly from Lenders

August 18th 2020 - 11 AM CST

Join us at our webinar to find out how to get the best deals before they’re on anyone else’s radar. We’ll discuss:

What is a preREO
How preREO work
Ways to maximize returns faster

Webinar

How to Partner on preREOs Directly from Lenders

July 30th 2020 – 11 AM CST

Join us at our webinar to find out how to get the best deals before they’re on anyone else’s radar. We’ll discuss:

What is a preREO
How preREO work
Ways to maximize returns faster