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Remax Real Estate Buying Bank Owned Foreclosure List

The Remax Real Estate buying bank owned foreclosure list is an excellent resource for locating properties priced below market value. When banks repossess foreclosure houses they often assign Remax realtors to list properties and handle all facets of the sale.

The Remax Real Estate buying banked owned foreclosure list consists of all types of real estate making it a good resource for first time home buyers and real estate investors. Discounted properties range from residential homes to commercial real estate, as well as industrial parks, retail outlets, golf courses, and raw land.

Bank owned homes are foreclosure houses that did not sell through public auction. Once properties are returned to lenders, banks remove attached liens and judgments in order to sell houses with a clean title.

Real estate owned by banks are generally priced higher than auction foreclosures; however they can easily take possession of the property without having to pay off attached creditor and tax liens or handle complicated paperwork.

The majority of bank owned foreclosure properties require some level of repair. Borrowers willing to participate in physical labor or hire subcontractors to perform the work, can buy houses below market value, fix them up, and have instant home equity.

Buying properties listed through the Remax foreclosure list is no different than buying any other type of real estate. Buyers present an offer to the assigned Remax realtor who in turn submits the offer to the servicing lender.

In most cases, buyers are required to obtain preapproved financing prior to placing an offer on bank owned properties. Remax realtors can help buyers locate mortgage lenders or buyers can work with a lender of their choice. It is best to conduct research to compare mortgage lenders, as well as home buying programs.

First time home buyers can further reduce home prices by purchasing Remax bank owned foreclosures through first time home buyer programs. Business owners seeking retail and commercial real estate can utilize the Remax foreclosure list to scout out discounted properties. Real estate investors can locate reduced price investment property to be used as rental homes, lease-to-own, or house flipping.

Visitors should establish an account to maximize benefits of the Remax real estate bank owned foreclosure list. There is no fee to create an account and Remax only asks members to submit the name, email address and establish a password. Members can easily save property listings that interest them, create real estate criteria of the types of properties they are seeking, and receive notification when matching properties are listed.

The Remax real estate bank owned list allows members to quickly search for properties based on a variety of factors. Members can sort foreclosure property listings by price, location, square footage, lot size, number of bedrooms and bathrooms, available amenities, and the year homes are built. Remax foreclosure house prices can be compared with other homes for sale in the area.

The Remax real estate foreclosure list website provides visitors with a wide array of home buying information and resources. The Remax article library shares valuable information about buying bank owned vs. foreclosure properties and offers credit advice to help borrowers obtain the best home mortgage rate.

The Remax 'Real Estate 101' learning center provides information regarding fixed-rate vs. adjustable-rate mortgage loans. Visitors can use mortgage calculators to determine monthly home loan payments, down payment requirements, and settlement costs.

The Remax real estate buying bank owned foreclosure list can help borrowers save money, obtain instant home equity, and locate properties that can provide a good return on investment. Taking time to review information provided through the Remax website can help home buyers make informed choices about the type of property best suited for their needs.

We invite you to spend time reviewing our real estate owned foreclosure home article library to locate additional bank owned foreclosure home buying information and resources.


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Published on May 18, 2010 at 03:51 AM | Comments: 2

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Comments

I recently came across your blog and have been reading along. I thought I would leave my first comment. I dont know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

Alena

Alena | May 22, 2010 9:42 PM

 

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Phil Johnson | November 15, 2010 3:35 PM

 

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