The three common ways of purchasing a foreclosed home are from the Seller prior to the home being foreclosed (Pre Foreclosure), at auction (Trustees Sale), or from the bank (REO).
There are many factors to consider when buying a foreclosed home compared to a traditional home purchase. REO properties are an affordable housing option, but there are also more things to watch for with this type of home purchase. Sands Realty is experienced with every aspect of Foreclosed properties.
Purchasing a Foreclosed property can be a tremendous opportunity to walk into a home with equity. The success of purchasing a foreclosed home lies within whom you hire. Let Sands Realty help you through the purchase process every step of the way.