If you live in Louisiana and want to buy a home at a discount, you may find a good deal in bank-owned home sale listings in Louisiana. You can find these listings several ways.
If you live in Louisiana and want to buy a home at a discount, you may find a good deal in bank-owned home sale listings in Louisiana. You can find these listings several ways.
Sometimes, you can go right to the bank and ask an employee for a listing of available properties. Most banks and other mortgage lenders hire real estate agents to list and advertise their foreclosed homes. Bank owned home sale listings in Louisiana may be found on the websites of banks, mortgage lenders and realties. Because real estate owned (REO) properties are also owned by government entities that insure mortgages, you can also find foreclosure listings on websites of agencies such as the U.S. Department of Housing and Urban Development (HUD). If you want links to all of these sites, go to this article.
It is fairly simple to search through available properties on these websites. You can search by state and house specifications. Most listings include photos, a detailed description and the contact information of the bank agent or real estate agent handling the sale. All of these websites allow you to find bank-owned home sale listings in Louisiana free of charge.
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You can also locate Louisiana real estate from bank-owned home sale listings in public records and your local newspaper. Lenders must file a Notice of Default or Notice of Sale with the county court and publish them in the paper when they are sent to homeowners. The homes in these notices are not yet foreclosed, however. Typically, these notices will tell you when the property is going to be auctioned.
Finally, just keep your eyes open while you are out driving around, and you are bound to see bank-owned homes for sale. If the house is bank owned, it will probably indicate that the sign. Plus, you will have the real estate agent's contact number to get more information on the home.
You can use one or more of the many different ways to find bank-owned home sale listings in Louisiana. It really does not take a lot of effort to do so. If you want free foreclosure listings now, go to Reply!