United Real Estate logo
Kathy Lacny2357 Huguenard Dr. Ste.100Lexington, KY 40503(859) 489-2880lacny59@gmail.com
Kathy Lacny
  1. Home
  2. Bank Owned Properties Richmond

Bank Owned Properties Richmond

While buying bank owned properties in Richmond can seem complicated, it’s a matter of getting into the foreclosure process at the right time. You have a seller who is motivated to sell because banks want to get these properties off their books as soon as possible. Don't rule anything out. Keep an open mind, so you end up with the best house for your money.

You will want to get an independent appraisal to determine a home’s actual market value, and, with my vast network of professionals, I can point you in the direction to ensure that you are getting the best choice possible. When you are serious, you will also want to get pre-qualified for a loan, and once again, I can help you there.

When you finally put an offer down on one of the bank owned properties in Richmond, it is typical for it to be reviewed by several individuals and companies, which means it can take weeks to get a response. Banks must demonstrate to shareholders and investors that they worked hard to get the best price for the property, so it's likely your offer will be met with a counteroffer. If the lender is being obstinate and not willing to negotiate on price, we will be sure to ask for a lower interest rate or reduction in closing costs. 

Bank owned properties in Richmond can be an incredible opportunity, and I’d love to assist you in making one yours. This type of purchase can be a bit tricky, so work with an expert who can help you understand the details and clauses of the transaction to ensure you’re taking advantage of everything that might assist you and aware of all the intricacies.

Even after we reach an agreement, the bank may make its acceptance contingent upon corporate approval within five to 10 days. So, in short, there will be a lot to do. When you are ready to get started on your search, you can call me to schedule a free real estate consultation today.

  • I want to see the bank owned properties in Richmond.

Weather of the Day

Conditions for Lexington, KY at Sep 25, 2018current weather icon

Current Conditions:

Clear, 59.71 F



Forecast:

Sep 24, 2018 - Mostly cloudy throughout the day.

High: 83.44 Low: 59.68

Sep 25, 2018 - Breezy until evening and partly cloudy starting in the afternoon, continuing until evening.

High: 78.1 Low: 50.62