A foreclosure is a property that is owned by a lending institution. The original borrower was unable to make their mortgage payments in a timely fashion and the lending institution eventually forecloses on the mortgage. The lender then takes ownership of the property and places it back on the market for sale. We can provide buyer clients with a list of bank owned properties in a specific area. These properties can be mailed, emailed or faxed to them upon request.
- Top 5 in Transactions with RE/MAX AL
- Top 10 in Commissions with RE/MAX AL
- ABR®: Accredited Buyer's Representative
- CRS: Certified Residential Specialist
Direct: (251) 423-7096
RE/MAX By The Bay