Welcome to BankHomesDirect

Bank Homes Direct Frequently Asked Questions

1. What is Real Estate Owned (REO)?

2. How does Bank Homes Direct help me buy properties once I join?

3. How do I use the website efficiently to pursue foreclosure property?

4. How do I use the Xamine tool to check liens and sales comparables?

5. How do I buy bank-owned REO properties?

6. How do I contact the lender to buy an REO?

7. How do I make offers on bank-owned REO properties?

8. Are there risks associated with buying an REO?

9. How do I find the market value for a home?

10. How do I learn more about buying foreclosures?

11. How do I determine the purchase price for an REO property?

12. Why is some of the data missing even after I subscribe?

13. How do I sign up for daily e-mail notification of updated and new property in my area?

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