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Wells Fargo Bank Foreclosure Listings

Wells Fargo has a large number of foreclosed properties available for sale. Wells Fargo utilizes local real estate agents for selling their homes and has special financing programs for homes in need of repair. You should generally expect to wait about 48 hours for responses to offers from Wells Fargo. Read more about Wells Fargo foreclosures.

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SunTrust Mortgage Foreclosure Listings

SunTrust Mortgage is the lending operation of SunTrust Bank. SunTrust has operations in many states across the country with a concentration in the south of the country. SunTrust Bank lists their foreclosure properties with local real estate agents. According to SunTrust, foreclosures are priced at fair market value. SunTrust has foreclosure properties available that they own as well as mortgages that they service for other investors.

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IndyMac and OneWest Bank Foreclosure Listings

OneWest Bank (and the former Indy Mac Bank now owned by OneWest Bank) have a large inventory of foreclosed homes. OneWest Bank has a specific process as it relates to selling their foreclosures. You can find lists of the OneWest Bank foreclosures for free online.

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5/3 Bank Foreclosure Listings

Fifth Third Bank is a large regional bank with location presence across the midwest. 5/3 Bank maintains a website in partnership with RESNET that lists their foreclosure listing inventory for the general public. You can search online by the property type, location and/or price range. If you are looking for a bank owned home in the service area of 5/3 Bank, the 5/3 Bank website is a great source of foreclosure listings. Foreclosure properties from 5/3 Bank are available to both homeowner-occupant and investor buyers of foreclosure properties.

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Bank of America Foreclosure Listings

Bank of America has an large inventory of foreclosed homes. Bank of America gives specific help online as to how to purchase a property. Bank of America utilizes local real estate brokers to list foreclosures in the local MLS system. Bank of America also provides significant information online that allows a potential buyer to research Bank of America properties and the process that the bank utilizes to sell foreclosed homes.

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Know the BPO: The Broker Price Opinion

The Broker Price Opinion is a tool used by banks and corporate entities to price properties that are in the process of foreclosure. Broker Price Opinions are also used for other valuation needs. A Broker Price Opinion provides the owner with data related to recent sales and properties that are actively being marketed that are similar to the foreclosure property that the bank owns. Broker Price Opinions are generally prepared by a licensed real estate agent or appraiser.

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