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can anyone tell me how you can get Bank Foreclosure HOME direcct for the bank not the real est WHICH BANKS PLEASE HELP. THANKS

2006-10-18 05:01:58 · 6 answers · asked by SUPERMAN aka PLAYER 1 in Business & Finance Renting & Real Estate

6 answers

Looks like someone is bound and determined to do it the hard way and pay more money than they need to.

2006-10-18 07:41:22 · answer #1 · answered by Searchlight Crusade 5 · 0 0

provide up watching previous due night infomercials. there are various foreclosure available. yet rather very few "government tax foreclosure properties." meaning properties that have long previous into foreclosure because of the fact the taxes have not been paid. In ninety 9% of the circumstances, the lender forecloses ("financial company foreclosure") in the previous the government. advantages: each and every now and then sturdy deals. unfavourable aspects: you're procuring the abode in as-is undertaking, and each now and then the undertaking rather is exceptionally undesirable. (a lot of human beings who lose their properties to foreclosure trash the residences in the previous moving out. And in the event that they do no longer, after a house sits vacant for 3-6 months, you are able to finally end up with each and every type of issues.) additionally, the approach is uncertain. some banks are exceptionally sturdy approximately responding rapidly to promises. Others are not. and a few will carry at the same time diverse promises, then sell to a minimum of one...leaving the others out interior the chilly. So: provide it a attempt, in case you prefer. yet artwork by way of a Realtor. do no longer spend your funds on the infomercial classes. desire that helps.

2016-10-02 10:24:16 · answer #2 · answered by ? 4 · 0 0

That will be difficult. Most banks are going to use Real Estate agents because that is the best way to market a property you are trying to sell. The only difference may be FHA/HUD, but those homes are usually pretty sub-standard. Good Luck in your search!

2006-10-18 05:14:14 · answer #3 · answered by Scotsman 5 · 0 0

I am an RE investor, and unless you are one of the 'good ole boys', with oodles of money, they will NOT give you the time of day...All bank repos, called REO, will always go to real estate brokers, to sell them, and of course some brokers buy them directly from the bank.....Most banks already have an agreement with agents or brokers, to sell the home for them....So don't waste your time....Focus on HUD homes, or even contact owners, who are in foreclosure, and offer to buy their home, before the bank forecloses on them....Best of luck

2006-10-18 15:41:33 · answer #4 · answered by Anonymous · 0 0

Lenders will usually have a REO department where you can find a list of all their foreclosures. If you need phone numbers, I have collected about 800 lenders REO numbers over the last few years. Just let me know and Ill send you the list.

2006-10-18 16:17:19 · answer #5 · answered by foreclosurefish.com 1 · 0 0

www.HUD.gov has every hud foreclosure in the nation. Watch out for other answers containing sites that ask for money or offer free triials, they are all rip offs...

Regular bank forclosures are listed with the local MLS in your area, Realtors can find them.

2006-10-18 05:28:12 · answer #6 · answered by Mark P. 5 · 0 0

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