Bank Owned Homes
When homes go into foreclosure and are held at auction, banks and lenders can bid for them just as anyone else can, coining them bank-owned and repossessed. New Dwello works with these banks and lenders as their properties go back on the market as available for sale.
The Inner Workings of Bank-Owned Homes
There are many different rules and regulations that follow bank-owned properties in comparison to foreclosures. It is our goal to provide you with the assistance that you desire so you fully understand what you need in order to buy a bank-owned property. Although you may have the perfect home in mind, it never hurts to have our experts on your side to show you listings as soon as they are made available and open the door to many possibilities you may have never thought of previously.
The Benefits of Working with a Dedicated Real Estate Company
Bank-owned properties are selling very fast in the market and, oftentimes, are only listed for one day before they are under contract. It is essential that you have a team of experts to notify you when these homes are listed in order to immediately bring them to your attention. New Dwello offers all of our clients automatic hot sheets so you know just as soon as we do.
Purchasing bank-owned properties can offer our clients many different benefits that pre-foreclosures and foreclosures cannot. We can help you find bank-owned properties that are listed at lower prices, as well as go into closing with fewer risks at stake. If you think that buying a bank-owned property may be the right decision for you, contact one of our representatives at New Dwello today, and let us help you find the keys to your new home.
Bank-Owned Utah Housing
Use our on-site search tool to find properties that are HUD, REO and/or bank-owned by selecting the corresponding option under Owner Type!