FORECLOSURES AND BANK PROPERTY
Currently, the best bargains on the market are bank owned and foreclosures. Banks refer to these as REO (Real Estate Owned). As banks do not want to own real estate, they will discount these properties by big discounts to unload them. It is not unusual to see bank listings of properties that previously sold for 2-3 times the current listing price! Condos frequently sell for less than 1/3 the original price! I have sold several for $60-80,000 that previously sold for $200-250,000.
The only way to search for these is through a licensed REALTOR like myself. Unless you want to call hundreds of banks and ask them if they have a nearby property for sale. You see most for sale signs do not say "Bank Owned". But a Realtor can search only for bank owned property for you and send you only those. This is my specialty. I deal almost exclusively with bank owned properties when working with buyers. I can help you save 50-75% off the previous sale price.
Contact me and I will start a search for bank owned property, customized to your area and price range. JUST COMPLETE THE FORM BELOW TO START YOUR SEARCH. I will send you daily updates of new listings before other agents have time to call their buyers ! I will do this as long as it takes to find the perfect home for you ! Best of All, There is no charge to you for this service! The bank will pay me for my services to bring them a buyer!
If you have questions and would like to attend a First Time Buyer Seminar, or Foreclosures Seminar, fill out the search form below. We will contact you to schedule a seminar just for you. Just type "Seminar" in the top line below. If you also want a home search, please fill in all other blanks also.
Don Shippey, REALTOR
Licensed Mortgage Broker (I can provide your loan also)
cell 407-925-2318
email donrshippey@aol.com




