Call me for showings, not the listing agent who represents the seller, and I'll provide objective opinions plus a market analysis. On all REOs (Real Estate Owned by lenders) the price includes the seller paying me to work on your side to get you the best deal.
For my weekly top 10 best repo bargains, see Repomans Best Buys.
All of these sellers list with a Realtor for the best exposure to the market. And all of these sellers will pay a buyer's agent/broker, like me, to help you buy it. Since 1991, I've been helping buyers and investors buy "repos" at below-market prices in the Treasure Valley.
Are Repos high risk? Not with an expert on your side. You can safely buy most government & bank-owned repossessed homes with the protection of inspection & financing contingencies and title insurance.
See my blog to learn more about pre-foreclosures, foreclosures, short sales, foreclosed homes, searching for homes and which ways to buy are high-risk.
REO = Real Estate Opportunity.
A foreclosed home is called REO (Real Estate Owned) because lenders are in business to loan money, not own homes. No institution is safe- from local bank to national lender; Fannie Mae, Freddie Mac, HUD or VA. All have high inventories of REO with more on the way and are looking to unload the homes quickly and as-is. This translates to substantial discounts for home buyers and investors.
Repos come in all shapes and sizes. The selection of foreclosures in the Boise area today includes condos, townhouses, duplexes, homes with acreage, horse properties, view homes, golf course homes, waterfront homes, many luxury homes at a fraction of past values, even million dollar executive homes in exclusive subs. Also bank-owned lots and multi-family income properties.
All available foreclosed homes can be found in one place- the local MLS. But you might learn more from the various sources of foreclosed homes:
HUD Homes
VA Homes
Freddie Mac (Homesteps)
Fannie Mae (Homepath)
Idaho Housing & Finance

I serve buyers in the following areas: Boise, Meridian, Eagle Star, Kuna, Nampa, Caldwell, Middleton , Ada County, Canyon County, Treasure Valley, Southwest Idaho.
I welcome all questions! (208) 866-3481