Foreclosure in Encino>Question Details

Cinda, Home Buyer in Los Angeles, CA

Does anyone have a contact for Bank of New York reo dept? the house just went back to the bank-

Asked by Cinda, Los Angeles, CA Wed May 14, 2008

I already have an agent, so pls don't respond with that answer. The option is to wait until it gets listed, but this could take awhile or if it goes to bulk auction, again time is an issue
thanks!

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5
ask your agent.
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2 votes Thank Flag Link Wed May 14, 2008
Cinda

It should be clear that your agent does not know. But maybe your Bank Manager has a source for this information.

Do keep a close watch - some of our REO listings sell within hours of hitting the MLS.
1 vote Thank Flag Link Wed May 14, 2008
you need to contact the loss midigation dept they are the ones who handle this matter. Provide them with the property info and once they find it get as much information from them as possible. Alittle advice call as a potential buyer, NOT AS CURRENT OWNER, they will never allow you to buy your house back for less than what you owed them unless you went thru the proper procedure. hope this helps....good luck
0 votes Thank Flag Link Sun Apr 18, 2010
You can contact the loan servicing dept (where you would call to make a payment over the phone). They will be able to provide you with any phone number you want. They have an online directory of all phone numbers and should be able to connect you with the department you need. Good luck!
0 votes Thank Flag Link Wed May 14, 2008
Yes the bank does have too process the property it can be several months prior it showing up on the market.
Web Reference: http://www.lynn911.com
0 votes Thank Flag Link Wed May 14, 2008
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