Why aren't lists of foreclosed home for sale by banks easier to find?

Question

Why aren't lists of foreclosed home for sale by banks easier to find?

Answer 1

Ask you real estate agent to find you a bank owned home  on the MLS. Banks DO NOT sell directly to the public.

Answer 2

Because the vast majority of lenders do not deal directly with the public, they leave home selling to the professionals, they list them with a Realtor.

Answer 3

They usually list them through realtors.  They do not market them directly.

Answer 4

It's not too easy to find due to the fact banks don't really advertise "foreclosed homes" on their end, however; any bank has a search engine and you can search for (REO), Real Estate Owned by the lender, this status indicates the property is now owned by the lender or bank as a result of a foreclosure.  That'll should help, if not do a google search for REO and the bank name.

Answer 5

They put them in the MLS, it could not be easier then that.