I have been getting many calls and emails from eager buyers looking for their first home, an upgrade or investment property and they are all looking for the same thing......A DEAL.  They want the REO (a bank owned piece of real estate) or the short sale (a pre-foreclosure).  I figure out the specifics of what they are looking for, and then I do a little search.

Did you know that you can also do a search for them yourself?  I will show you how.  Sometimes they are not easy to find, but there are some tips and tricks.

Here is a search engine which allows you to search NNEREN, the NH MLS System:  NNEREN

First, pick the towns you want to search in.  Keep the rest of the search parameters blank.  You will want to allow for the most possible matches.  Short sales and REOs are not as abundant as regular listings.  At the bottom of the search box you will notice the "keyword" selection.  This is where the magic happens.  There are a few choice words you can use one at a time to see if you find any matches.

To find short sales,  use the keyword:  "short sale".

Well that was a no-brainer.  Most home owners who need to have a short sale want as many people to see the listing as possible, so they make it easy to find.

Bank owned properties are not always as easy to locate.  To find an reo, there are a couple of different terms you can use, one at a time: "as is", "bank owned", "bank addendum", "bank", "reo", "foreclosure".  Not all of the properties which display will be REOs.  You will have to read the description and/or ask an agent for more information.

When you find a property you are interested in, give me a call.  I will have a viewing arranged for you.  Also, you may not be able to find all of the potential bank owned properties yourself.  I can do additional searches by using more keyword searches in fields which only real estate agents can see and use.

Rebecca Skane

603.610.8944

rskane@kw.com