BEST ANSWER
Great question Kathy! Since many times the bank repossess the homes not finished, they will normally list with an agency in the local area. Some have put the homes up for auction as well. You will want to contact an agent that can pull listings off the MLS that are entered as foreclosures and then begin to work with that agent on seeing if any interest you. If you had a contract with this builder and he did not complete the contract before he went "under", you then have legal actions available and will need the services of an attorney that specializes in real estate.
Hope this helps. If you need further help, feel free to contact me at my website.
Sincerely,
Tina Evans., Broker
Luna Realty Group, Smithville Tn
Sat Apr 25 2009, 10:37