Question: how to buy a house repossessed by the bank?
Answer: Step 1: Browse Available REO Properties. ... , Step 2: Find a Lender and Discuss REO Financing. ... , Step 3: Find a Real Estate Buyer's Agent Who Knows REO Homes. ... , Step 4: Refine Your List of Lender-Owned Properties. ... , Step 5: Get an Appraisal on Your Ideal Property. ... , Step 6: Make an Offer.