find reo propertiesIf you are looking for a home right now, you can find REO properties at great prices. Buying the REO properties can be a more complicated process than buying a home that is for sale and is still owner occupied, but the REO properties can be a significantly better value than homes that are not distressed. It is easy to find REO properties these days, especially if you live in a city or state that has experienced a lot of foreclosures. According to MSN, Las Vegas, Phoenix, Minneapolis, Detroit, and San Francisco are the cities with the highest number of distressed properties on the market. It is easy to find REO properties in these places, and if you're looking for the best buys, look at buying something in Detroit. This metro area has been in the tank for years, and it's amazing how real estate prices have fallen there. People who are looking for the very best values in a home and can live virtually anywhere will be able to find the very best values in Detroit.