Even if you could, why would you want to do that? Unless you are an experienced agent, how could you possibly understand the true intent of the disclosures you are signing, the legal rights you may be waiving, terms you are accepting? The purchase process, especially in todayâ€™s market, is complicated. Then, you throw in the fact you are dealing with a foreclosure and you further complicate the situation. Many of these foreclosure homes have been acquired through a process that is now being scrutinized for itsâ€™ accuracy. In Nevada, our low inventory is a testament to the issues that have arisen from banks foreclosing on properties perhaps prematurely and without the full diligence of the process.
Find yourself a good, reliable, seasoned, experienced realtor who will guide you through the process and who will make sure you understand every term, every condition and all the many disclosures you encounter with a foreclosure.
Real estate is a complicated business no matter what the perception may be. I truly doubt that you would find a bank that would deal directly with an unrepresented buyer. There is too much at stake, legally, for them to risk that type of transaction.
Patricia Jewett, Realtor
Trans-Action Realty 500
6121 Lakeside Dr. Suite 100