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 either a vacant or tenant-occupied property. With “zombie” properties scattered throughout the United States, lenders often struggle to properly maintain these preREOs.

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Why Choose preREO?

Vacant or tenant-occupied 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

Webinar

Distressed Mortgage Opportunities for 2021: How to Profit Without Being a Jerk

November 5th - 11AM CST

Join Jorge P. Newbery as he discusses how zombie foreclosures provide a unique opportunity for financial gain while providing a positive community impact.

Webinar

Distressed Mortgage Opportunities for 2021: How to Profit Without Being a Jerk

November 12th - 11AM CST

Join Jorge P. Newbery as he discusses how zombie foreclosures provide a unique opportunity for financial gain while providing a positive community impact.

Boot Camp

preREO Boot Camp: Learn to profit with the 4-Step preREO process

2-Day Virtual Event, November 17-18, 2020

2021 brings more economic uncertainty. But it also offers a unique real estate opportunity. Learn step-by-step the preREO process so you can bid, buy, and start making a profit on preREO assets.