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Portland Bank Owned Homes - Find Bank Owned Homes in Portland

Real Estate Agent with Portland Realty Hub LLC

March 18, 2010 02:25 AM

Bank Owned Homes

Bank Owned real estate is unlike any other kind of property. Banks are not usually in the business of buying and selling property. They want to deal with the money, not the home. Thus providing an advantage to any savvy home buyer.

Tips to know before buying a Bank Owned home:

Get the history

Run Comps

Determine the competition

Be Pre-Approved

Don't ask for repairs, yet

Shorten the inspection period

Pay for your own closing costs

Ask to see the bank appraisal

Search Bank owned listings, Foreclosures, REO Homes, Short sales, Home Auctions, Condo Auctions, RMLS properties Retail houses and Distressed Commercial Real Estate in Portland, or find foreclosure help.

Find Homes for Sale in: Downtown Portland, The Pearl District, SW Portland, NW Portland, N Portland, Southeast & Northeast Portland, Lake Oswego, Beaverton, Tigard, and all of the Portland Metro Area.

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