Bank Owned Buyer

You may wonder what a bank-owned property is. The definition of a bank-owned property is “one that has reverted to the mortgage lender after the home fails to sell in a foreclosure auction”. Buying a bank owned home is not like a normal home buying procedure you may be familiar with. In this post, Brett Furman shares tips for Bank Owned Buyers. “My hope is that you will learn something new and understand that you too, could buy a bank owned home.”