Call, e-mail,
Text , or IM us Today to See the Home You Want and
Make Your Offer Before It Is Gone!
Vancouver WA Bank Owned Homes
| Foreclosures Vancouver WA
Foreclosures, Bank Owned,
Short Sale, and Fannie Mae
Homes in Vancouver
Washington as well as those in Camas WA and other parts of Clark County, are
some of the hottest properties for sale in our current market. Many of
these homes represent excellent home choices in the
Vancouver, Camas and Portland Oregon area.
This site provides several pages of residential bank owned and
short sale properties, and a
fourth page for residential acreage properties, all
providing excellent opportunities for instant equity.
The nicest of these homes, when priced right, are sold so quickly you may not
see them on these pages during your regular visits. If you are interested,
in immediately being alerted and seeing the new listings for these homes that meet criteria more specific to
your interests and needs, please e-mail or call us -- we're glad
to set up a hot-sheet search for you!
You may also freely use the home search tools we are providing
you on this website. However, Foreclosures, Bank-Owned homes and Short
Sales for Vancouver can only be screened using the RMLS system (per RMLS
rules).
Hurray!!! The MLS now
allows us to show you ALL Vancouver WA Bank Owned Homes /
Foreclosures FROM ALL the real estate companies, not just the
RE/MAX listings!!!
Word to the Wise - see a home you like... Don't Wait...Call Us!.
Yes, there are differences in buying a
Foreclosure (Bank Owned) home or, Pre-Foreclosure (Short Sale)
home; there are common elements as well.
Common Elements include:
If you need a loan to purchase the home, you
MUST have a lender pre-approval letter in your hand, and
up-to-date! If you are buying with all-cash, you must
have a Proof-of-Funds letter from your bank or credit union.
You WILL be ahead of half of the shoppers you are competing
with if you complete this assignment right away!
These homes are sold "As-Is" which means any
repair or fix-up items are up to you, the home's new owner.
Get the Home Inspection performed right away
by a professional! If a major hidden, budget-busting
defect is found by the Inspection, when performed within the
time-line, you can get out of the deal.
The nicer the home, the more competition you
will have with other home shoppers -- be prepared to Act
right away!
Be prepared to Close the Sale within 30 days
or less once your offer is accepted! The banks
involved don't care if you have another month on your lease
or for some reason cannot move right away. They want
this property off their books right away.
Unique to Foreclosure Homes:
The decision makers at the bank work week
days thus, your offer will usually be reviewed within two
business days. For example, if you write an offer on a
bank owned home on Friday night, the bank won't see it until
Monday Morning. You will likely hear back Tuesday or
Wednesday.
If you are competing with other bidders, the
bank usually comes back to all bidders and says: "we will
give you two days to come back with your best and final
offer." This is a one-shot deal folks -- be prepared
to pay more if you want to win the bidding!
Unique to Pre-Foreclosure Homes:
A response back from the lending bank(s) can
take a very long time, even six weeks or longer depending on
the bank involved. We write offers that let you get
out of these deals if the bank does not get back to you in
time.
You can write low offers. However, be
careful if you truly want to be the successful purchaser.
Expect updates from us, your real estate
agents on a once a week, maybe twice a week basis prior to
bank approval of your offer. Once your offer is
accepted we will be in regular contact with you to complete
the transaction process.
Of course there are a few more details and
differences but the items listed here will give you a good
start!
Vancouver WA Bank Owned Homes are some of the best
deals in real estate today! Let John Slocum and Kathryn
Alexander of REMAX Vancouver WA guide your successful
purchase!
Hot Tip
Home Ownership is an
essential wealth building component for those of us
living in the USA. Working with us will ensure you
net the best equity!
Short Sale homes in Vancouver WA and Camas are pre -
foreclosure and can be a
great value. However, the offers on these homes
may not always be accepted by the Bank.
Vancouver WA Bank Owned Homes are already foreclosed by the
Bank.
Welcome!
Kathryn Alexander &
John Slocum
of RE/MAX equity group, inc. are your hosts for this
website.
