Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago,
Bank Owned but not listed for 9+months... Can you contact directly for offers?
Hello Guys and Gals,
After viewing a home in an area that was not right I decided to dig a little deeper and found a property that looks great that I would be interested in viewing and potentially making an offer. According to records on the various RE sites the Bank took ownership in 6/14 for about $85K... it has not been listed since that time. I believe it was taken over by JP Morgan/Chase but not 100%.
Is it possible to track down someone directly and get information on why this property is not being listed and potentially make an offer?
What I have learned:
1. Chase is very difficult to contact a REO department directly... no # found thus far.
2. The Asset management company that seems to list most of their properties in Baltimore (Green River Capitol) does not have it in their system. (should I check with their other listed AM companies as well?)
3. I left a voicemail for the Lawyer involved in the foreclosure which was listed as the seller to JP Morgan Chase.
4. Spoke to 2 Realtors listed for other Chase properties in the area and got very little information.
Is what I am trying to do possible to accomplish? Where should I look or dig next? If I did manage to contact someone how should I proceed?
Thanks!