Realty Executives of Kansas City
The Harris Group
When a bank buys back a property at the auction it usually takes a few months for it to go on the market. Find a buyers agent who can track the listing for you and notify you went it comes on the market. Asset managers (the person at the bank who handles the REO) do not deal directly with the public. Be patient and get your finances in order, including a mortgage preapproval that may have to be updated periodically. You will be ready, willing, and able to act when the house comes on the market.
You should search for a real estate agent who knows the REO Agents in your area. REO agents are the real estate agents who sell properties for banks (REO stands for Real-estate-owned). They are called REO agents because they sell properties that the banks own, hence REO is used.
A good agent will likely be able to do research and find out who else sells houses for Deutsche Bank and contact that agent to see when the house will be listed.