Bank-Owned Foreclosure in Martinsville, VA 24112

Sitting on an approximate 1.37 acres, this rancher was built in 1955 and offers approximately 3026 finished square feet, four bedrooms and four full baths, three fireplaces, hardwood and partial basement with built-in two car garage. This is a large home!~This property is Real Estate Owned, or REO. The property was foreclosed and repossessed by a lender when the owner failed to make payments. A bank is now the owner. Since banks are not in business to own homes, they are usually interested in selling foreclosed homes quickly at attractive low prices. A list price is published but reasonable offers can be submitted for consideration. Offers can be submitted through the official Listing Agent but in some cases, no agent is listed and offers can be submitted the bank owner directly.