Boise ID Real Estate & Meridian ID Real Estate Blog - Idaho Homes for Sale: Buying a Bank-Owned Home - Boise Idaho Real Estate - Part 2 of 7

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Buying a Bank-Owned Home - Boise Idaho Real Estate - Part 2 of 7

Buying a Bank-Owned Home - Boise Idaho Real Estate - Part 2 of 7

Part 1

Part 2 of 7 part blog on what I have experienced from a Boise ID buyer's agent point of view in working with bank-owned homes for sale in the Boise ID area. This is intended to help homebuyers to become better educated with the process of buying a bank-owned propertyShort sale homes are in abundance right now but I have seen from experienced that the bank-owned homes are where you can currently get the most "bang for your buck" without wasting a whole lot of your TIME and emotions.

2. What to Expect When Looking at Bank-Owned Properties

The condition of bank owned homes for sale can vary - It is amazing what is out there....

Do you want move-in ready or not? That is the question.....

bank owned home for sale

There are bank-owned homesyou will get a steal on and have to do some work ...  

overgrown bank-owned home for sale

With the help of an experienced bank-owned-home agent, you will work as a team to find the "gems" at a absolutely great price.

brand new bank owned home for sale

One thing I will guarantee: When the good clean deals are put on the market, other buyers will see them too! I send the new bank-owned properties to my homebuyers in the early evening. This way they can contact me to set up an AM showing if a steal-of-a-deal comes up.

For the most part, there are three particular items I see in need of repair with most bank-owned properties more than any other items:

  1. Interior Paint
  2. Carpet replacement
  3. Yard needs water and trimming 

bank owned home for sale

Whether it is a brand new home or a 1970's house with an in-ground pool and acreage, your real estate agent will most likely be able to find a fit. Narrow down the area and get out there and look at these bank owned homes in person! Pictures just ' to some houses justice.......

Next Part 3: Coming up with an offer amount  

 

Eric Bracht E-Pro

www.AgentIdaho.com

www.AgentIdahoBlog.com

Market Pro Real Estate

208.991.4552

Eric@AgentIdaho.com

 

Buying a Bank-Owned Home - Boise Idaho Area Real Estate - Part 2 of 7

 

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Why Buyers should hire a "Buyer Agent"

Eric Bracht

Boise/ Meridian / Eagle / Kuna Area Real Estate Expert

SEARCH MLS Listings Like an Agent Here

Eric@AgentIdaho.com

(208) 991-4552 TEXT/Voice

Silvercreek Realty Group

 

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