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| Foreclosure or Bank Owned Properties |
Listed below are links to request the most updated FREE list of bank owned properties, government owned properties, and by request, short sales in Carteret, Craven, Onslow, Pamlico, Jones & other surrounding Counties. For a better understanding of different type of "foreclosure" opportunites; read on for details. | Note: Bank-Owned properties are referred to REO properties when listed on the MLS. REO stands for "Real Estate Owned" properties. A Bank-Owned property is one that is owned by the bank and in most cases have already gone through the auction process. Keep in mind a REO is an "As Is-Where Is" property and the owner makes no repairs. For more details on how to buy REO properties: | | To Talk To Our Agents On How To Buy REO Properties | | On How To Buy REO Properties | | Sign Up For FREE Buyer Representation when purchasing a home. |
| Note: Auction properties are Sheriff Auctions and considered pre-bank owned properties. These auctions are held at the individual County Courthouse steps on a scheduled day & time. There are certain guidelines when attending an auction and these usually involve the amount of downpayment needed, type of check, timeline of full payment etc. | | To Talk To Our Agents For More Details On Attending Public Auctions | | | On How To Buy Auction Properties | | | Sign Up For FREE Buyer Representation when purchasing a home. |
| Note: VA Classification Desc: U.S. Department of Veterans Affairs (VA) guarantees mortgages for homeowners who have served in the military. Non-verterans can purchase VA foreclosure homes and obtain "Vendee Financing," which compared to traditional mortgage loans, requires fewer fees and less money out of pocket. In fact, you'll enjoy the unique benefits of a low - or even no- down payment. In addition, with VA foreclosures there is often no mortgage insurance, as well as tax service, appraisal and flood certification fees. To bid on a VA Owned property, you will need to have a Licensed Real Estate Agent prepare the bid for you. | | To Talk To Our Agents For More Details On How To Bid on VA Owned Properties | | | On How To Buy a VA Owned Property | | | Sign Up For FREE Buyer Representation when purchasing a home. |
| Note: HUD Classification Desc: U.S. Department of Housing and Urban Development (HUD) insures mortgages for homeowners who purchase homes with FHA financing. When homeowners with FHA mortgages default on their loans, the bank forecloses on the properties and gives them back to HUD for marketing. HUD then auctions these properties via sealed bid. You must contact a real estate agent to view a HUD foreclosure property and to submit a sealed bid. For more details on HUD properties and bidding contact Larry and request HUD information to be sent to you and how we will act as your "Buyer" Agent. | | To Talk To Our Agents For More Details On How To Bid on HUD Owned Properties | | | On How To Buy a HUD Owned Property | | | Sign Up For FREE Buyer Representation when purchasing a home. |
| Note: SHORT SALE: A short sale is when the home is put on the market for less than what the owner owe's to the Bank. When dealing with a short sale, you are dealing with the home owner, as well as with the bank. These can be lengthy in terms of negotiating and close date, so patience is key. We have experience in dealing with short sales. Be sure to contact Larry for help in making an offer on a Short Sale or use the Request Information Form below. | | To Talk To Our Agents For More Details On How To Buy A Short Sale. | | | On How To Make An Offer On A Short Sale Property. | | | Sign Up For FREE Buyer Representation when purchasing a Short Sale home. |
Note: PRE-FORECLOSURES: A preforeclosure is a property whose owner has defaulted on the loan payments and whose lender has initiated the foreclosure procedure, usually starting with an official "Notice of Default" to the owner. A preforeclosure property exists during the first stage of the legal procedure, and therefore still belongs to the owner. The length of the preforeclosure period depends on type of foreclosure process mandated by state law and the applicable legal documents the borrower signed with the lender when the property was originally purchased. |
*All information listed below is subject ot change. Information is deemed to be reliable, but is not guaranteed.* | Want To Receive Automatic Listing Alerts When A New Bank Owned Property is Listed? | | | Sign Up For New Listing Alerts Via Email | | | Sign Up For FREE Buyer Representation when purchasing a Bank Owned Home. | | |
BANK OWNED/GOVERNMENT OWNED PROPERTIES: Sign Up to Receive Your FREE Foreclosure List. We are offering FREE Foreclosure Lists by County to those buyers who are interested in purchasing distressed properties. Sign up today to receive daily or weekly email lists. | | Keep in mind that North Carolina is a "Buyer Beware" state! Every Real Estate Agent works for the "Seller" UNLESS you hire a Buyer's Agent to work for you. | Crystal Coast Home Realty, LLC offers FREE Buyer Representation for those Buyer's who use us as their Buyer Agents. When requesting our FREE list of Foreclosures/Short Sale Properties, Please consider using us as your Buyer's Agent. Sign up today and receive a FREE ONE YEAR Buyer's Home Warranty!!!!
| | | For a full list of current foreclosures in Carteret County (Carteret County includes Morehead City, Beaufort, Harker's Island, Newport, Atlantic Beach, Pine Knoll Shores, Salter Path, Indian Beach, Emerald Isle, Cape Carteret, Cedar Point and more.) | | | For a full list of current foreclosures in Craven and Pamlico Counties Craven Co. includes New Bern, Havelock, Trent Rivers, River Bend, Pollocksville and more) (Pamlico Co. includes Oriental, Arapahoe, Minnesott Beach, Bayboro and more) | | | For a full list of current foreclosures in Onslow & Jones Counties Onslow County includes Swansboro, Hubert, Jacksonville, Holly Ridge, Midway, Pumpkin Center and more) (Jones County includes Maysville, Trenton and more) |
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