The Steps to Buying A Bank Owned Foreclosure

The Steps to Buying A Bank Owned Foreclosure

1. Select the Property and Your Realtor
2. Decide On Your Offer Price, Your Possession Date, Your Conditions
3. Your Realtor presents Your Offer To Purchase to the Banks law firm
4. Your Offer To Purchase can be Accepted, Rejected or Negotiated
5. Your Offer To Purchase is Accepted
6. You can Waive or Not Waive Your Conditions
7. You Waived Conditions creating a Firm Sale
8. You get the Keys on Your Possession Date
Comments:
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.