Fiedler Real Estate has expertise in handling bank owned properties and can help guide you through the process. Bank owned properties can in some cases offer significant value but also often entail a longer and uncertain timeline compared to a traditional home purchase. Bank owned properties are typically handled through a bank’s own processes, timelines, and bidding periods as well as potential foreclosure processes. Potential buyers may experience price reductions on a bank owned property but must also be prepared for the transaction to take longer than a typical home purchase. Our current bank owned properties cover Hunterdon, Morris, Sussex and Warren Counties. Please feel free to give us a call and we will be delighted to discuss the process for bank owned properties and to discuss properties that fit your needs.