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Call the agent whose name is on the sign and inquire about other foreclosure listings that may be coming on the market. Agents who specialize in foreclosures sometimes wait weeks while bank management approves the list price, so you can get a jump on other buyers by asking about new foreclosures not yet listed. If you are working with a buyer’s agent, you can ask your agent to obtain this information for you.
An REO is a foreclosed property that the lender has repossessed for non-payment of the mortgage loan. Not all foreclosures become the property of the bank. It’s only when the lender is unable to sell the property at public auction that a property becomes an REO and the bank takes possession and re-sells it.
Many banks list foreclosed homes on their websites. To see bank listings, go to a lender’s website and find its real estate or mortgage center. Click on the option to search for bank-owned or real estate-owned properties.
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Like what you see? Simply click on any address in the. Patch’s Mobile area real-estate section for a complete list of nearby foreclosures.
Can a prospective buyer get to look inside a foreclosure before it goes to auction? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.
HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market.
View the property. You can either schedule a viewing by contacting a real estate agent or attending an open house. Foreclosed homes usually have a viewing period before the auction. You can hire an inspector or contractor to examine the home before deciding if it is worth the investment.
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Foreclosures & Foreclosed Homes for Sale – HAR.com – Quickly find foreclosure homes in any zip code in Texas. Find all the details you need about investment properties and foreclosures in Texas. 3 san antonio area Foreclosures Selling Now – A tour of the most recently foreclosed homes in the San Antonio area might be just the place to.