Foreclosure/REO Homes
If you are looking to buy a bank foreclosure or REO property (they are the same) in Anne Arundel County, click THIS LINK for a free up to date list.
Remember that many foreclosure homes for sale have been sitting vacant and abandoned for quite some time. ALWAYS physically inspect the property. It is advisable to have the home inspected by a Maryland licensed home inspector of your choice. The listing agent for the foreclosed property works for the BANK and their job is to get the BEST PRICE AND TERMS for the SALE of the foreclosed property for the BANK – NOT YOU. It is advisable to have a BUYER AGENT represent you. A BUYER AGENT’S job is to get YOU the BEST PRICE and TERMS on the purchase of any property. Their job is to work for YOU!
We represent BUYERS as Buyer Agent for the purchase of any property including foreclosure and/or REO homes. Under State law, a Buyer Agent can only write an offer under a written Buyer Agency Agreement between the Broker/Agent and the Buyer. Under the Buyer Agency Agreement with Charles Kraus and Coldwell Banker Residential Brokerage, the seller usually pays our commission on the sale.
Our Buyer Agency Agreement Buyer Benefits:
A One Year Home Warranty
Discount on closing/settlement services
Discount on home inspection
Free DVD: The Home Buying Process – An overview on the entire home buying process.
Charles Kraus, GRI
Associate Broker
Coldwell Banker Residential Brokerage
170 Jennifer Rd; Suite 102
Annapolis, MD 21401
Office: (410) 919-2642
Cell: (443) 822-0700
Celebrating Our 20th Year of Serving Buyers and Sellers
