Bank Owned & Foreclosed
As a real estate agent I am beginning to see more and more properties going on the market as a result of a repossession by a bank or similar lending institution.
Furthermore as interest rates rise, the number of bank owned properties will increase.
This represents a buying opportunity for you. Banks do not want to own properties, they want to own money. Some of the homes have been mistreated, while others have been just plain abandoned. Some I would not recommend buying (unless the price was very good) while others just need a good cleanup and painting. I can show you which are the values and which to stay away from.
If you are interested in seeing what's currently available click on FORECLOSURES and indicate in the comment section "bank owned" and I will email them directly to you with no obligation.
Then take your time viewing them. If you want to see the inside, just let me know and I can get us in.
