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Updated about 11 years ago, 10/23/2013

User Stats

46
Posts
1
Votes
Jerrold Stallworth
  • Real Estate Agent
  • chicago, IL
1
Votes |
46
Posts

Finding the seller of Foreclosures held in trust

Jerrold Stallworth
  • Real Estate Agent
  • chicago, IL
Posted

Hello everyone,

Simple question;

I found a vacant property that was filed as a foreclosure but never made it to the auction (Sheriff's Sale as its known here in Chicago). It is currently held in a trust by Bank of NY-Mellon. I learned that BNY-Mellon is the trustee for a lot of properties in this limbo.

My question is what is the most effective way to find out who is the seller so I can make an offer on this? I know that I should look for an asset manager but what process or procedure should I follow?

I know there's a guy named Tony Young who specializes in this, but cannot find any of his material online.