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 – John grew up on a family farm in Iowa and after graduating from Mankato State University in 1987, John has lived in the Twin Cities almost ever since. John has helped people buy and sell homes with REMAX Advantage Plus since 2006. John and his wife Kathy have owned their home in Burnsville since 2016. He really believes that adding his own experiences to the stories of so many families all over the Twin Cities area brings a lot of real life perspective to home buyers in today’s market and to home sellers who want their listings to stand out. So whether you’re looking for your first home, your next home, or an investment opportunity, John is ready to serve you! 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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