Typically the REO department will use a listing agent who represents the banks interest to get their REO in the Jacksonville, NC area listed on the local MLS. These agents work for the banks. You need an agent to represent your best interest. Before making your offer, you’ll want to contact me to find out as much as you can about what they know about the condition of the property and what their process is for receiving offers. Since banks almost always sell REO properties “as is”, you’ll want to be sure and include an inspection contingency in your offer that gives you time to check for hidden damage and terminate the offer if you find it. It is very important to have an agent who know what it takes to get you in the home you desire at the right price.
As a Buyer having an agent that represents you and your needs is important. Bank Owned Properties are no exception to a buyer needing their own representation. Having an agent that knows the area and puts your needs first should be your first choice in buying a bank owned property.
Let me help you walk down the road to home ownership whether you choose a bank owned home or a reasonably price home. Now is the time to buy.