Submitting an offer on a REO that is still occupied by the homeowner
Does anyone have any experience buying a REO that has people living in it? I want to put in an offer on a house but the owners are still living in it. The realtor can't even get me in the home to look at it, but it's such a good deal it doesn't really matter if it needs work or not. The listing says that the bank has already begun the eviction process but there is no guarentee that the occupants will be out by the time of closing. Does anyone have any experience dealing with this situation?
Does anyone have any experience buying a REO that has people living in it? I want to put in an offer on a house but the owners are still living in it. The realtor can't even get me in the home to look at it, but it's such a good deal it doesn't really matter if it needs work or not. The listing says that the bank has already begun the eviction process but there is no guarentee that the occupants will be out by the time of closing. Does anyone have any experience dealing with this situation?