If you are an unrepresented buyer looking for foreclosures or short sales in the Twin Cities Metro, you should contact me to get set up for a custom MLS search for properties marked as foreclosures or short sales. Through hours of research and trial and error, I have found a list of terms that REALTORS commonly use to note properties that are bank owned or subject to bank approval. This list of terms is likely the most comprehensive and best tested list in the region.
If you are not currently under contract with an agent to represent you, please feel free to contact me regarding getting this saved search set up. While the foreclosure and short sale process can be a little more difficult, many of these homes are great deals… and some are not!
The best foreclosures and short sales get offers quickly so it is important to stay on top of them!