Bank Owned Properties

Specializing in Bank Owned Properties in Shingle Springs, Cameron Park, Rescue, and Placerville

Bank owned properties are homes that have been foreclosed upon and the bank has taken ownership of them back from the original owners. There are many reasons why a home might be foreclosed upon: in the 2008 recession many people were not able to afford their homes any more, and when interest rates rose they ended up owing more on their homes than the homes themselves were worth.

This resulted in many homeowners walking away from their homes, and the banks took ownership of the homes back. At Callie Homes Real Estate Agent, you can benefit from the low price tags that bank owned properties typically have. Banks usually ask for low prices on foreclosed homes – usually much lower than what the homes are actually worth – because they want to move the homes through quickly and get owners for the homes, rather than being stuck with homes on their hands which lose value when they are not being lived in and maintained.

This creates an ideal situation for buyers: bank owned properties are priced to sell, and to sell quickly, which means that Callie Homes Real Estate Agent can get you into a home or property that you may have never thought you would be able to afford, all the while pricing it so that you can afford it. If you are looking for a great bargain on an amazing house for sale or property for sale in Shingle Springs, Cameron Park, Rescue, or Placerville, take a look at our Bank Owned Properties at Callie Homes Real Estate Agent, or give us a call and tell us exactly what you are looking for, so that we can match you up with some ideal bank owned properties that match your needs and your budget.

Callie Homes Real Estate Agent is the primary real estate agent for homes for sale in the Cameron Park area, and we can put you in the house of your dreams in Shingle Springs or Placerville. We can also get you into acreage or a gated community in Rescue, all at a low price with your bank owned properties so that you can afford the home of your dreams.

Give Callie Homes Real Estate Agent a call today to find the ideal foreclosure or bank owned property to fit your home dreams and your budget.

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