Miami Foreclosure & REO Homes For Sale In Sunny Isles Beach

What is Foreclosure?
Foreclosure or REO (real estate owned) is a process in which the owner looses it's owership rights to the property and the lender (bank) becomes absolute owner of the property. It is a termination of all rights of the homeowner covered by a mortgage. All homes below are owned by the bank. (find out how foreclosure works)