call the regional HQ and ask for the REO office or department - this is REAL ESTATE OWNED - they can sell properties not yet listed, they can do anything they please within their company rules, and they typically set many of them. - they are awarded for lowering the number of on-hand properties so sometimes they may be motivated
Keep fishing, call lots of regional hubs and offices. Call and prevent you are a local bank Jr manager, they will have no idea that you aren't - steel them you want the real estate owned department
" Hi this is Juan from the Lasalle street branch in Chicago and I was just wondering how to get in touch with the Real Estate Owned department " - works like a champ
if not try again tomorrow with a different name and branch
It can be very frustrating when you are interested in a foreclosure, know who the lender is and STILL not get anywhere with the process..
If you think about it..... an attorney that works for the lender/bank... can not charge anyone for taking inquiry calls... this is why it generally goes through an asset manager and with a realtor team to be the customer point of contact..
Foreclosures can be great for the right buyer and many sellers are offering great deals too!
Lisa Wetzel and Jim Valentine
RE/MAX Realty Affiliates
1320 Hwy 395
Gardnerville, NV 89410
usually entertain being contacted by people fishing for a bargain.
Contacting a local real estate professional is your best course of action.
Well, I want to go down in history for inventing THOMAS' LAW:
This states that you can argue and even refute someone's statement by taking some minute, insignificant detail and proving it wrong:
This is like someone staing; "The Bomb was dropped on Hiroshima on August 6th at 9:45 am."
And somebody says; "no, that's wrong. it was at 9:47 am!"
It may have happened, that some Bank did talk to an individual about an REO!
It may have actually happened!
You will need to contact the listing agent or a buyers agent of your choice to make an offer on a foreclosure if the property is currently on the market. If it's not on the market yet, it may be soon. Contact an agent and have them notify you when it hits the market.
All the best,
Have a great day!
Re/Max Associates of Lancaster
(717) 587-7977 or contact me through my website