Regions Bank utilizes local real estate brokers to assist in selling properties when they’re foreclosed. Regions services multiple markets across the southeast United States. Regions is generally in the top one or two lenders in the markets that it serves. Regions Bank lists properties on the local MLS system and makes them available for sale to potential buyers on the open real estate market. Read this article to learn more about where to find details on foreclosures owned by Regions Bank.
One of the largest sources of foreclosure properties is the Department of Housing and Urban Development (HUD). HUD lists their available properties through local listing brokers. HUD is a good source of REO foreclosures for investors and homeowners. Understanding the HUD process is critical and much can be learned from the resources provided directly by HUD.