Bank owned homes are properties foreclosed and owned by the banks. In general, they have been discounted by the bank based on their conditions, so they can be very good investment opportunities for investors.
It is important to note that not all bank owned homes are created equal - some may even be priced above the market value, and they are not good investment deals. This is why MLS Deal Finder is such a great real estate investment software tool - we only send you deals that are deeply discounted.
Location: Dalworthington Gardens, TX
List Price: $540,00
MLS Deal Finder Estimated Market Value: $654K
MLS Deal Finder Estimated Profit: $114K
INCREDIBLE opportunity in the highly sought after area of DWG. Lots of upgrades and features. This home is priced way below market & is ready for move-in or it has great potential for investor.
Bank Owned homes - found.
Location: Garland, TX
List Price: $435,000
MLS Deal Finder Estimated Market Value: $508K
MLS Deal Finder Estimated Profit: $72K
MLS Deal Finder Estimated Rent: $3,403
Well appointed executive home. Move in Ready. Bank owned home.
Banked Wwned Homes - found.
Location: Dallas, TX
List Price: $64,900
MLS Deal Finder Estimated Market Value: $103K
MLS Deal Finder Estimated Profit: $38K
MLS Deal Finder Estimated Rent: $1,112
This is one of the Bank Owned homes just listed on the market.
Located in South Dallas, this distressed property is listed about 37% under market value, and our system was quick to identify this property. The 2 comparables we found were sold in the same subdivision, and they were sold for well above $60/sqft – much higher than the $40/sqft of this property.
Bank owned homes - found.
Ready to start hunting for Bank Owned Homes? With MLS Deal Finder, you get so much more. On any given day MLS Deal Finder finds discounted houses as soon as they are listed: Foreclosure listings, Short Sale deals, Fixer Upper houses, Sold As Is, REO, Bank Owned Homes, and HUD homes.
In addition to houses sold by motivated sellers, we also find deals in estate sales, transitional neighborhoods, or simply houses that needs cosmetic upgrades. As long as the house is under market value, our proprietary technology will find it within seconds, and you will receive a real-time, detailed analytics report on each deal.
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