Asked by Beth, 60657 • Fri Mar 19, 2010
I'm interested in putting in an offer on a foreclosed condo in the Uptown area. The property is bank-owned and was listed by a local real estate company, but it now appears that the property is being prepared for auction by REDC and is not with that real estate company anymore (I'm not sure if it's been sold to a new bank or not).
I'm willing to offer the full price that was listed before the property was transferred, but my realtor is very inexperienced with REO properties and can't seem to get much information on the condo. I'm afraid that the property is going to be auctioned off without me even knowing about it.
How can I find an agent who has experience dealing with foreclosures? My realtor is doing a good job but I'm afraid that his inexperience in the matter will cost me the condo I want.
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