This form is a sample letter in Word format covering the subject matter of the title of the form.
This form is a sample letter in Word format covering the subject matter of the title of the form.
Check Bank Websites Some banks post their foreclosures on their website. They are not in the business of owning homes, so they want to sell them fast. If the local banks have foreclosure pages on their website, visit them to see what homes may be available.
Deeds, liens and foreclosure history are public records subject to disclosure.
MLS: Most lenders list their REO properties on a Multiple Listing Service (MLS), so any real estate agent can help you identify REO offerings in your area. Bank websites: Some banks and credit unions have an entire department set up to sell REOs, and sections of their websites are dedicated to their listings.
Banks almost always negotiate on the bids they receive – they rarely accept them on the first go-around. They'll review the bids and take the highest offers, negotiating with buyers to get the dollar amount they want for the home.