Bank Owned Property

franics-company-attorneys-banks-bank-owned-property-40278408We have experience dealing with Banks that have Foreclosed on Real Estate.  A Bank Owned Property usually results when the borrower has a Job Loss, Medical Issues or just Stops Making Payments to the Bank.  Once a home is vacant, the Bank must deal with Vandalism, Utilities, Insurance, Lawn Care, Rent Collections and many other problems.  We buy Bank-Owned Property for Cash in Any Condition and Close Quickly.  Once the Bank gets back a property, they must determine the Value and Condition of the Property.  Next the Bank must make the decision to Make Repairs or Hire a Real Estate agent to market the property in “AS-IS” CONDITION.  We have found that the best course of action is to Sell the property for CASH and get it off the Bank’s books.  This saves Time and Money, as many properties will stay on the market for months before they sell.  Whether The Bank has foreclosed on a Commercial or Residential Property, Francis & Company has the Experience to Pay CASH for the Property and Close Quickly.

Francis & Company

1744 Iron Street
North Kansas City, MO 64116

P: 816.474.9363
M: 816.935.9635
E: scott@francisandco.com

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