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Foreclosure in 10035 : Real Estate Advice

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Wed Jul 22, 2009
MAP1922 answered:
There is an earlier response that says it's illegal -- I would like to know what law prohibits a bank selling directly.

I can offer information from the FDIC's website http://www.fdic.gov/buying/owned/real/index.html and also mention that the site contains information on properties that are for sale http://www2.fdic.gov/drrore/

If you have been qualified to purchase investment properties, that would be an excellent starting point. If you are in need of further assistance, please contact my office.

Best wishes,
Michele
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