buying bank owned homes in northern colorado: Northern Colorado Bank Owned Homes
- 07/18/14 01:02 AM
Many of my clients are buying homes that are owned by the bank These bank-owned homes are on the MLS and the bank has clear title to them, so that when the sale occurs, you also get clear title (as you would with any home purchase). That way, you can write and contract and be in the house within 30-45 days. The huge advantage of buying a bank owned property is that the bank will usually PAY THE BUYER'S CLOSING COSTS! Closing costs are around 3% of the purchase price of a house. So if the house price was $160,000, then … (0 comments)
Many of my clients are buying homes that are owned by the bank These bank-owned homes are on the MLS and the bank has clear title to them, so that when the sale occurs, you also get clear title (as you would with any home purchase). That way, you can write and contract and be in the house within 30-45 days.
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