OfflineI have found several properties (REO) that I am unable to make offers on. They show up on foreclosure alert, but the REA said that after a failed trustee sale that the property has to be made ready for bank sale (REO). I even called REOTRANS.com on one property they have and was told that this preparation time to sell can take from serveral weeks to months. Question: Is there anyway to make offers on these "In Limbo" properities or do I just need to have my REA's and myself keep on eye for these properities so an offer can be made when they are ready to sell?
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I just heard a webseminar and he finds out from the bank who the listing agent is going to be and offers that listing agent to represent him and gets the offer in before it hits the market.
Jason S.
San Diego, CA.
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Hello,
Contact the local county auditor that the property is located in. They usually update tax information/bills on a daily basis. Thus, you can find out the bank name or where the tax bills are being mailed. Then, contact the bank and ask for the REO manager. I found these people are willing to wheel and deal before listing the property with a relator. Good luck and be confident! Believe and Achieve
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