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Updated almost 10 years ago,

User Stats

10
Posts
1
Votes
Justin Bernsten
  • Real Estate Investor
  • Parkville, MD
1
Votes |
10
Posts

Bank Owned but not listed for 9+months... Can you contact directly for offers?

Justin Bernsten
  • Real Estate Investor
  • Parkville, MD
Posted

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! 

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