Idaho Foreclosure - Bank Owned Listings
WHEN THE FORECLOSURE AUCTION DATE IS LOOMING
There may still be solutions, call Ava or Cristina and we will work quickly towards a possible resolution.
WHAT IS AN REO?
O-owned property = bank owned real estate property
THE TRUTH ABOUT FORECLOSURES
- Most cases don’t need a lot of work.
- They are not the "get something for almost nothing" of popular belief: banks have to pay investors (they decide on offers) so they cannot get very low on prices, or the investor will reject the deal.
- Have an inspection.
- Discounts are good and are a cushion in the market.
- Distressed homeowners face foreclosure because of financial change or their loan adjusting.
- You can get a loan.