Buy and Sell with Shannon

Bank Owned Homes With Largest Price Declines

  1. 2 beds, 1 full bath
    Home size: 900 sq ft
    Year built: 1950
    Days on market: 168
    Walk Score®: 64
  2. 3 beds, 3 full baths
    Home size: 1,500 sq ft
    Year built: 1945
    Parking spots: 1
    Days on market: 124
    Walk Score®: 70
  3. 0 beds, 0 baths
    Lot size: 1.77 ac
    Days on market: 1,306
    Walk Score®: 41
  4. 0 beds, 0 baths
    Lot size: 1.50 ac
    Days on market: 1,305
    Walk Score®: 41
  5. 0 beds, 0 baths
    Lot size: 2.33 ac
    Days on market: 1,306
    Walk Score®: 41
  6. 0 beds, 0 baths
    Lot size: 1.14 ac
    Days on market: 1,305
    Walk Score®: 41
  7. 0 beds, 0 baths
    Lot size: 1.15 ac
    Days on market: 1,305
    Walk Score®: 41
  8. 0 beds, 0 baths
    Lot size: 1.13 ac
    Days on market: 1,305
    Walk Score®: 41
  9. 0 beds, 0 baths
    Lot size: 1.13 ac
    Days on market: 1,305
    Walk Score®: 41
  10. 0 beds, 0 baths
    Lot size: 1.15 ac
    Days on market: 1,305
    Walk Score®: 41
  11. 0 beds, 0 baths
    Lot size: 1.49 ac
    Days on market: 1,305
    Walk Score®: 41
  12. 0 beds, 0 baths
    Lot size: 1.17 ac
    Days on market: 1,305
    Walk Score®: 41
  13. 0 beds, 0 baths
    Lot size: 1.17 ac
    Days on market: 1,305
    Walk Score®: 41
  14. 0 beds, 0 baths
    Lot size: 1.17 ac
    Days on market: 1,306
    Walk Score®: 41
  15. 0 beds, 0 baths
    Lot size: 1.11 ac
    Days on market: 1,306
    Walk Score®: 41

See all Real estate in the city of Lawton.
(all data current as of 12/9/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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What Foreclosures or Bank Owned Homes in Lawton OK are right for you?

     It is important when buying Foreclosures or Bank Owned Homes in Lawton OK that you know what you’re getting yourself into. Almost all Bank Owned and Foreclosures for Sale in Lawton OK are sold in AS IS condition. That means you will have to buy the home in its current condition. Whether you’re buying a foreclosure to live in or to fix up and resell, it is important to calculate how much it will cost to fix up this property. The cost of materials to fix up your property can add up quickly. Here in Lawton the 3 main home repair stores are Lowes, Home Depot, and Sutherlands. Their prices can vary greatly on the exact same item, so it’s important to shop around and see what stores sell certain items cheaper than the others. Since I have bought and fixed up so many foreclosures myself here in Lawton, I have found many ways to get extra discounts here locally that can save you thousands and are pretty easy to do. After you have bought the materials you will need to figure out what repairs you can and can’t do yourself. For any repairs on Foreclosures and Bank Owned Homes in Lawton OK that you can’t do yourself you will need to hire a contractor. I will cover that in my next section.

Finding a good deal when repairing your home is just as important as finding a good deal when buying it.

       After buying your Bank Owned / Foreclosures for Sale in Lawton OK, hiring the right contractor for repairs can make all the difference. You want someone that does great work at a low cost. Getting a good deal on a home means nothing if you end up overpaying when repairing it. There are many good Lawton contractors to choose from. Before hiring a contractor it is best to talk to family and friends to see if they have experience with anyone locally that they would recommend. You will also want to make sure on the larger jobs to get two different quotes. Just recently one of my customers called a plumber to get a quote on a job they needed done on a home they were selling. The plumber had quoted her over $750 for the job. I advised her to let me get her a second quote. The second quote ended up being $160 for the exact same job. Like many she had no idea if $750 was high or not. Luckily I was there to help, and ended up saving her $590 of her hard earned money. As with all my clients, even after the sale I continue to help out with advice and knowledge that I have gathered over the many years I have bought and sold real estate. If you have any questions of me or would like my help, please give me a call (580) 284-4926.

Lawton Foreclosures can be a great deal!

      Lawton currently has many foreclosures or bank owned properties. Just because a home is a foreclosure or bank owned property does not mean it’s a good deal. When looking at these properties you need to take into account many things. The most important is location, followed by condition. You will want to compare the price and condition of the foreclosure/bank owned property to the homes in the neighborhood. Then figure out how much it would take to get the home into the average condition of the surrounding homes. Only then will you know if you are getting a good deal on the home or not. I have personally bought and resold many foreclosures over the last 8 years or so. I am uniquely equipped to help you find the good deals because I know what to look for in a home. If you need me to help you crunch some numbers or find a good deal for you, I can be reached on my cell phone at (580) 284-4926.