Banks will never want to talk to the buyer directly. When a home is foreclosed, it is assigned to the bank's Real Estate Owned Department, and they in turn enter into an agreement to sell the property with a local REALTOR.
Most of the times, lenders are located out of state and they have never seen the property so they enter into a listing agreement with a local REALTOR. They, in turn, are responsible for re-keying the property, getting estimates for trash-out and repair bids, maintenance, the actual listing, negotiations, and closing. As you can imagine there is a lot of Real Estate tasks that need to be taken care of and that is the last thing they want to focus on.
Banks know very well that REALTORS are experts in their field as they are in regards to financing.
How to Get Acess to the Best Home Deals in the Market
If you would like to know more about our services or if you would like to gain access to our exclusive list of Bank Owned Homes, New Construction Specials or to watch how interest rates are fluctuating, please go to:
www.HoustonAreaBankOwnedHomes.info
It is completely FREE to you.
As a By Referral Only®, and C.D.P.E, REALTOR® , I am committed to providing such extraordinary service and expertise that you will gladly refer your friends, family and acquaintances. With your help I am able to build strong business relationships one person at a time.
If you want to know more about this or if you have more questions, please do not hesitate to Email me or contact me at 713-589-3234 for more information that I will be happy to go into more detail.