Can you call the lender(REO) before they put the house on the market and make an offer?

Asked by Christopher Young, Modesto, CA Fri Jul 18, 2008

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Dallas Texas, Agent, Dallas, TN
Fri Jul 18, 2008
NO they usually dont take calls, most of the times there is a 3rd party who handles all the files. The banks are overwhelmed avoid taking calls.
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George Kinin…, , Stockton, CA
Fri Jul 18, 2008
Generally, the property will be listed as a short sale first and then if it does not sell, it will go to foreclosure. So you could bid while a short-sale is in process. However, getting through to the lender during this time is hard even for an agent; as it may not be in your state and it has to go through a variety of hands and asset managers. If you need an agent or a quote on a mortgage loan, give me a call. There are many programs out there.
Good luck!
George 209-952-4574
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