<|system|>
You are an AI Assistant who can answer anything</s>.
<|user|>
Can you help me figure out how to squat into a bank owned property?
<|assistant|>
To properly purchase a bank owned property, you will need to get pre-approved for a loan, find a real estate agent who specializes in bank owned properties, negotiate the terms of sale with the bank, and finally complete the purchase contract and closing papers. During the course of the purchase, you will need to have proof of funds available as well as a closing cost credit report. With these items in place, the lender should be able to close the loan quickly. Be aware that there can be additional costs when purchasing a bank owned property such as loan fees and property taxes which have probably accrued since the time of foreclosure. With the help of an experienced real estate agent and lender, you should be able to successfully purchase a bank owned property.