Banks don't sell their homes (REO) directly. They list them with Realtors. You need to retain a Realtor that is a buyer agent. they represent you and have your best interest in mind. The listing agent represents the seller and his job is to get the best price for the seller. A buyers agent will not cost you anything because the commission is still paid by the seller.
realtor.sailorHow do you find homes for sale that are owned by banks?
Call banks in your area and ask for the foreclosure manager - he should have a list of all the properties the bank has foreclosed on that are for sale.
Go to fliplocator.com. The site has a link to all the major lenders forclosure sites by state and area. Check it out.
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