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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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