Non-Bank Owned Properties
Non-bank owned properties are auction assets that have not gone through foreclosure and are not owned by a bank or lender. Instead, these properties are listed by private sellers, investors, or real estate agents representing owners who have chosen to auction their property.
These properties offer a seamless and transparent way to find the right home, whether you're looking for a primary residence, or an investment opportunity.
The buyer’s premium,
typically the greater of
5%
or $2,500
Why Buyers Should Consider Non-Bank-Owned Properties
Unlike bank-owned properties, these homes follow a more traditional sale process. Buyers benefit from a diverse selection of properties, including move-in ready homes and investment options, with fewer title complications and a smoother closing process. Many of these homes require fewer repairs and are turnkey ready. Additionally, many of them allow for financing.
Financing Available
Sellers Offer Open
Houses or Private Tour
Other Benefits of Non-Bank Owned Properties for Potential Buyers
- Some sellers may allow open houses or private tours before bidding, giving buyers a clearer understanding of the property's condition.
- Financing may be available for select non-bank owned properties.
