Distressed home sales in Milwaukee are common. New inventory is being released everyday. Not all foreclosures are in poor shape, requiring an influx of money for improvement. In fact, many foreclosed homes in Milwaukee area, have been maintained by and looked after by an asset managers. Asset managers are hired by the bank, to clean out, and winterized the homes so no future damage will occur. They also assess any repairs needed. The bank will sometimes make the repairs needed to maintain the integrity of the home, and to ensure the home is mortgageable.