QUESTION????? - Posted by jim

Posted by Jim on January 06, 2003 at 18:30:27:

thnx kristine apprec. the info…

QUESTION??? - Posted by jim

Posted by jim on January 05, 2003 at 15:01:46:

was wondering how to find info on a foreclosed home. All i really know is the bank is in calif. an house in SC. owner has been evicted want to contact bank for possable quick sale…any suggestions would be appreciated…thanks in advance for any input…

Re: QUESTION??? - Posted by Kristine-CA

Posted by Kristine-CA on January 05, 2003 at 16:24:25:

Jim: most reos are marketed thru agents for the banks. There is often quite a lag time between the time when the bank forecloses and puts it on the market. If the bank already evicted, then it will probably be on the market soon. Most likely they have someone managing the property and the sale in your area. You can contact the bank directly and ask where or to whom you can make an offer, but it is not likely that they will work with you directly. That being said, you may be able to work a deal if the lender isn’t a bank. Find a contact for the lender and call around and see if you can figure out what their deal with reos is.

Hope this helps. Sincerely, Kristine