There are some incredible deals right now for buyers looking to buy a bank owned home.
We can provide you with that list of the bank owned homes in Madera County that you can view online. Just fill out the form below. A customized link will be sent to you within 24 hours. If you want to get the jump on other buyers, then make sure you check the box that says instant notify. The instant notify is computer generated and operates in real time, and this means that when the bank owned properties get listed - you will know immediately.
Madera County includes the following cities and
areas: Ahwahnee, Bass Lake, Bonadelle Ranchos-Madera Ranchos, Chowchilla,
Coarsegold, Knowles, Madera, Madera Acres, North Fork, O'Neals, Oakhurst,
Parksdale, Parkwood, Raymond, Ripperdan, Sugar Pine, Yosemite Lakes
Foreclosure is the process in which a bank or other secured creditor sells or repossesses real property after the owner has failed to comply with an written agreement between the lender and borrower called the "mortgage", or the "trust deed". Typically, there has been a default in payment of a promissory note which was secured by a lien on the property. When the process is complete, the bank then owns the property and can sell that property for whatever price they want to.
The online list you will receive is comprised of homes that have been foreclosed on by banks. Other terminology for these are REOs, bank owned homes, and foreclosure properties. Nevada County Realty operates this website and services the Nevada County area. Other counties are serviced by real estate agents, or offices, that have a history of providing excellent buyer services, in depth knowledge of their area, and experience in dealing with the intricacies of bank owned properties.