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.

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.

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.

Upcoming Events


preREO Meetup

April 13 – 2:30PM CST

This 1-hour meetup is for new and experienced investors who would like to learn how they can partner on distressed mortgages with preREO. Attendees can ask questions and get support. Once registered, you can attend all meetups with the same meeting link.


How To Partner on preREOs Directly From Lenders

April 7 – 11AM CST

preREO makes it easier than ever to find deals on real estate before they’re on anyone else’s radar. Join Jorge Newbery as he explains how you can tap into new opportunities by partnering on nonperforming mortgage notes with preREO.

preREO Boot Camp

Learn To Profit With The 4-Step preREO Strategy

Course Available On-Demand

Learn step-by-step how to find first mortgages, bid, negotiate and partner on mortgage notes direct from lenders, take control of the property legally during the foreclosure process and make a profit from rental income and selling after foreclosure.


Learn More About preREO

Stay up to date on all the latest preREO news.

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