Coldwell Banker Apex, Realtors represents some of the largest lenders and companies that sell banked owned properties. Foreclosed properties can be some of your best values. Some will need extensive work and some will be move-in ready. The procedure for purchasing a foreclosure varies widely depending on the bank/company which owns the foreclosed properties.

HUD properties also represent a great opportunity to own a home sometimes at a discounted value as well. These properties go through a bid process where all offers are submitted based on published deadlines. HUD then chooses the contract they will accept. You must work with a HUD approved broker in order to place an offer on a HUD property. We have extensive experience in this area and we are a HUD approved broker and can assist you with the entire process.

Short sales are properties in which  the seller obtains permission from their current lender to sell the property for less than what they owe on the property. These are often priced well and get offers quickly. Sometimes multiple offers. Short sales can be a longer process since the seller can not make decisions on the sale, due to the fact they must have their lenders approval on most everything. We have helped thousands of sellers who needed to sell their homes through short sale situations as well as thousands of buyers who purchased these homes. We are experts at short sales and can advise you every step of the way.

If bank owned, foreclosed or short sale properties interest you, please fill out the information below so we can get you information on specific properties that might meet your needs. We look forward to hearing from you soon!