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What is a bank-owned property?

When a bank takes title to real property through foreclosure or some other negotiated settlement, it is then owned by the bank, marketed, and sold at fair market value.

BB&T is shown as the owner of this property. Why is it not shown on your website?

Only property currently available for sale by BB&T is shown on our website. Inventory changes often and is not guaranteed to remain on the site for any period of time.

Do you sell properties at a discount?

Through inspections, condition analysis, and local sales trends, BB&T strives to sell property at fair market value. We work with local real estate agents to review similar listings for price comparisons, assess the property condition, and set a fair price.

What kind of condition can I expect the property to be in?

Property condition will vary between properties. For this reason, BB&T highly encourages a site visit and professional assistance with property inspections to confirm the actual condition of the property.

How do I make an offer on a BB&T owned property?

Offers are made through the agent currently listing the property. BB&T's residential properties are offered for sale and advertised through the local Multiple Listing Service (MLS).

How do I view a property owned by BB&T?

Contact the listing agent or, if you are represented by an agent, have your agent contact the listing agent to schedule an appointment. The agent's name and phone number are listed with each property.

Can I purchase property directly from BB&T?

No. BB&T relies upon broker representation from all real estate transactions. Interested parties should contact the individual indicated on this website for additional information.

Who do I contact if I have questions regarding a property listed on this site?

For all questions regarding a property listed for sale on this site, contact the individual shown on the property listing on this website. An email option is available on this website. They are your best source of information.

Will the bank consider renting the property or rent to own?

BB&T's goal is to promote homeownership and community stabilization. As a result, we sell all bank- owned real estate; however, BB&T does offer many financing options if you wish to purchase a bank- owned asset.

When can I expect a response to my purchase offer?

We strive to be very responsive to our clients. You should expect a response to any offer within 24 hours of us receiving it.