MN Real Estate Team

Minnesota Foreclosures – Finding Real Estate Opportunities

Bank-owned homes, Real Estate Owned (REO) homes and other lender-owned homes are always available in the Minneapolis St. Paul metro area and elsewhere in Minnesota. Even some commercial properties have gone into foreclosure. As often happens in unfortunate situations, though, there are opportunities. With the number of foreclosed properties come some excellent chances to buy houses at bargain prices.

Realtor John Kapustka MN

John Kapustka – I’ve been with RE/MAX Advantage Plus helping Buyers and Sellers in this market since 2006, finding and selling new and existing single family homes, town homes and condos all over the Twin Cities. Doing daily research to know and share market data are the basis for everything I do, providing real service for real people moving at their own pace. Like many I try to keep up with my grown kids, out of college and into the real world. My balance is work, faith, family and improving my own home. And living “south of the river” with quick access to 35W, 35E and 494 I can be almost anywhere on any given day! I grew up on a family farm in Iowa and in “previous lives” also worked in auto sales for the Saturn car company, in print advertising…and was even a Top 40 radio DJ for 8 years in Mankato. All of my life experiences relate well in the dedicated work I do for the people I now serve. Phone 612-597-5772

Foreclosed homes and bank-owned real estate are attractive to many types of prospective buyers. These properties are often in less than ideal condition, and some have been vacant for some time. Some have been broken into and damaged, while others were damaged by frustrated owners who were evicted. In some cases, the cost of necessary repairs are simply too high to be practical. Prospective buyers need to carefully assess any property before even thinking about making an offer. Due diligence is essential with any foreclosed property.

Types of Foreclosed, REO, & Bank-Owned Homes

Minnesota REO Properties Listed with Norhtstar MLS of MN

Lender-owned properties include properties of all types and in all price ranges. From the smallest condos to multi-unit apartment buildings, you’ll find a wealth of possibilities. When you find properties that interest you, contact our REMAX agents and Realtors to arrange a showing and inspection of the property.

Our professional agents are experienced with foreclosed and bank-owned properties and will be glad to assist you in your search and negotiations. As licensed Realtors, we can also perform a complete Minnesota Northstar MLS listings search for you on other foreclosed properties that may be of interest to you.

Agents Specializing in Buying Foreclosed Properties

At our #1 REMAX team, a number of our agents and Realtors have extensive experience in handling transactions for bank-owned properties. Their excellent negotiating skills and understanding of this complex market have helped many clients make outstanding deals on these properties. We encourage you to explore the foreclosure market, using our property search tools. Then, contact us with your questions and to arrange for inspections and showings of properties that interest you. We would also be glad to meet with you to discuss your real estate plans and to help you find foreclosed properties that exactly match those plans. We’re here to help in every way.

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