How to buy a foreclosure property

How to buy a foreclosure property

Buying bank owned property, also called REO property (Real Estate Owned property), is significantly different than buying a short sale where the borrower's property has not yet been foreclosed. In making an offer on a bank owned property, you are making an offer directly to the bank.

How to buy a foreclsoure property

Since banks are not in the business of owning or selling real estate, it is possible to get significant bargains simply because they want to liquidate the property as soon as possible. Unfortunately, the process is often cumbersome and your experiences will often be determined by a combination of the experience of your agent in this type of transaction and the attitude of the bank's Asset Manager in charge of fielding offers for the subject property. In short, your best asset is your agent, and at Blue and Gold Realty, we provide you with experienced representation during the offer process.

Contact Us to get more information on buying Foreclosures.

The market for foreclosures is constantly changing, and new properties are listed almost everyday.  We have put together some quick search links to help you search for available foreclosures;

Contact Information

Blue & Gold Realty Team
Carrington Real Estate Services
505 Merchant Street
Vacaville CA 95668
(707) 447-5000
(800) 459-4813
Fax: (707) 471-6591
Listing by City | Vacaville Real Estate | Fairfield Real Estate | Suisun City Real Estate | Benicia Real Estate | Vallejo Real Estate | American Canyon Real Estate | Napa Real Estate | Rio Vista Real Estate | Dixon Real Estate | Winters Real Estate | Davis Real Estate | Solano County | Napa County
Carrington Home Loans | Listings by Email | Free Home Valuation | Property Management | Sitemap
Licensed by the California Bureau of Real Estate: BRE License # 1397744 & 01845712.
Carrington Mortgage Services, LLC (CMS) headquartered at 1600 South Douglass Road, Suites 110 & 200-A, Anaheim, CA 92806. NMLS Unique Identifier #2600.

 

.