Some banks list such properties on website, but the majority of are pretty discrete. One bank lists them through a link typically the website's Frequently asked questions. With other banks, try entering “real estate owned” or “(name of bank) residential properties” in the website's search bar. You may also call your local real estate agencies and request for an agent that handles REO homes for sale.
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The real estate could have mold or the newly built home have problems that's not a problem foundation. Problems are not visible to a home buyer, but a successful home inspector can see them. Never trust the seller for disclosing all the issues. In fact, they might not be aware about the troubles with the newly developed house or element.
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