OfflineHello DG community,
I am a new investor/wholesaler. My first wholesale deal is currently in the process of being completed. I am so excited/motivated now! I have a few good realtors I am working with, and now im on the hunt for deals.
I have found a few homes just by browsing lists of recent foreclosures in my area and I wanted to know how you can purchase reo properties directly from the bank? Is this only possible with smaller banks who have reo mangers you can make direct offers to?
The home i want has been foreclosed on by US Bank National association and I know they use chronos solutions to list all homes. They list for full asking and use realtors. Is there a way to make offers to us bank before they go to the property management company they use to list the homes?
You can contact bank and ask to be put on their mailing list for properties.
You can also contact the loss mitigation dept at the bank and get some deals.
Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools