Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago,

User Stats

16
Posts
2
Votes
Matt Tang
  • Investor
  • madison, wi
2
Votes |
16
Posts

foreclosure owned by bank for 2.5 years

Matt Tang
  • Investor
  • madison, wi
Posted

So there is a foreclosure that I am interested in. The property was foreclosed upon by one of the big national banks. They took title of it in late 2011. I am 100% positive that the former owners do not live in the property and I am 99% sure that it is vacant.

For some reason, the bank hasn't listed it. Is there any reason why they're taking so long? Would it be worthwhile to find an REO agent that has worked with this particular bank and try to have them contact the bank? They have been paying taxes and for upkeep (minimal gas/electric & snow/lawn care) for a vacant property, which seems kind of insane to me.

Loading replies...