This is a Real Estate owned (REO) property. The lender possesses the property either at an auction or through an agreement with the owner during pre-foreclosure. The property is maintained by the bank or by representative agents acting as safe-keepers / sellers on their behalf. This property can fetch you the best deal when compared to the AS IS condition of any foreclosure property. While the costs might be a bit higher than foreclosures, REO properties still would fetch you good savings on a house purchase deal
Foreclosed Homes for sale - null - Rogers, AR - 4 Bed/3.5 Bath Single Family Home
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This is a For Sale By Owner property located at CAVE SPRINGS, AR and Listed Price is $498,500.You can profit from a FSBO deal, by contacting the owner directly, since the expense required for marketing the house is less for a seller, compared to other means of property sale through an agent