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Yes, you can definitely buy a bank owned house. In most cases, these homes are listed as foreclosed upon. If the bank lists it for sale, you can certainly attempt to buy it.

Buying a bank owned house can be difficult. These homes are usually a great bargain because the bank wants to recoup its lost loan amount but, because of this, competition is usually high. You need to have your financing in place before you even begin to consider going after a bank owned house, especially since most are put up for auction.

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