Coldwell Banker Trails West Realty has a selection of FORCLOSURE PROPERTIES.
Foreclosures are Bank Owned property listings. Also referred to as "REO — Real Estate Owned" offerings as well as Short Sales (pre foreclosures) and traditional listings.
- Once a property goes back to the bank they hire professional Real Estate companies to represent them and market the offerings back to the public.
- Often times offered at a good value — the risks of buying a Bank Owned property or navigating the process with the bank are a little different from dealing with a private party.
- Foreclosure offering can be pristine or need care. The challenge with these properties is that there are not the standard disclosures one may find or have with regular listings. Thus, buyers must diligently inspect these homes. Having been taken back by the bank, there is little to no knowledge of the condition or history of the property.
Please take a look at the current BANK OWNED offerings. Just click on the ADDRESS to see the FULL LISTING. Our Associate Brokers are happy to assist and also show you other bank owned offerings in tthe Santa Fe area that are represented by other Companies if you decide you would like to take advantage of the current foreclosure offerings.