What bank owns a "bank Owned" house?

Sherrie Rundle
Other/Just Looking
97526

Answers (2)
Nancy Schmidt
Agent
Grants Pass, OR

The bank that owns a property in most cases is the lender who got the house back at foreclosure. If no one bids to buy a foreclosed home, then the lender gets it back. So it depends on who the owners owed the mortgage to... Each REO (bank owned home) will be different.

Good luck,

Nancy Schmidt
Real Estate Broker
EXIT Realty Towne Centre
Grants Pass, Oregon

Wed Oct 21 2009, 13:35
HLR, Appraiser,...
Appraiser
Oregon
FIRST ANSWER

that you should look up in the county records, many counties have their own website. Try NACO.org and it will give you all counties in the US and many have very complete websites, takes a little work to find the right part for this information, Assessor's records is how most are noted to find properties, and that data. It's all Public records.

Tue Jun 30 2009, 17:01

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