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Updated about 2 years ago,

User Stats

5
Posts
1
Votes
Louis Pacheco
1
Votes |
5
Posts

Advise on buying a potentially bank owned property

Louis Pacheco
Posted

I recently found a vacant home near my neighborhood. It has a notice on the door saying it was found vacant on 8/30/22 and that the mortgage lender/bank was notified. It also has a paper on the window saying it has had its utilities cut off for the winter.I looked the house up on my county’s tax/real estate website and it says the property owner is a bank, but that the tax payer for the year 2021 is an LERETA which is a company that offers tax services based in California. Does that mean the house is still bank owned or does that mean that it was recently sold? Sorry if this made no sense but if you need more information I am willing to post more.

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