Property Q&A in East Hampton>Question Details

Allison,  in Rocky Hill, CT

What bank has this property up for Foreclosure! Would like to buy directly!!?

Asked by Allison, Rocky Hill, CT Thu Feb 19, 2009

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This question is about this property: http://www.trulia.com/property/1060935307-81-Peach-Farm-Rd-E…

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This property is up for sale, and is in auction status. It can only accept cash only since this home will not qualify for a loan. If you would like to preview it, do not hesitate to call. 860-741-4478


Don is correct, it would not be right to contact the bank directly since the bank has representation from a Realtor.

Hope this helps! :)
0 votes Thank Flag Link Thu Feb 19, 2009
This home will be auctioned off in March - see http://www.williamsauction.com/Property/ViewProperty.aspx?Pr…

Again, this is not being done directly by the bank, but rather they have hired a real estate auction company to represent them.
0 votes Thank Flag Link Thu Feb 19, 2009
Allison,

This property is listed with a real estate agent for sale. You cannot go around that listing contract to deal directly with the bank - rather, the bank has hired an agent to represent them.

Foreclosed homes are not sold directly by the banks - the banks hire real estate agents to represent them. Banks are not in the business of selling real estate.
0 votes Thank Flag Link Thu Feb 19, 2009
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