These types of REO (real estate owned) properties are not always put into the MLS system. I recently purchased a property this way and felt is was greatly undervalued and failed to get proper exposure, as it only appeared on a bank website. It took about 5 clicks into the system to find it.
There are some like this, and while I have an open listing to sell them, I can’t advertise them here or I would. Call me to see if there are any great deals like this right now, today. Consider it a friendly chat with a knowledgeable resource that is willing to share his information. If you’d rather e-mail, that is fine as well.