Foreclosed/Bank Owned (REO) homes are properties that are owned by the bank or other entity as a result of an owner defaulting on his/her loan term agreements. Banks then offer these properties for sale to the public in an effort to recoup their investment. If you'd like to learn more about available properties throughout the Northeast and Central Florida areas and what's involved in the purchasing process, please contact a Watson Realty Corp., Realtor. They will answer your questions and guide you through the purchase of process. To view these types of homes please complete the form below and click the submit icon. We will provide a list of homes in the area you selected.