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Updated about 16 years ago, 09/12/2008

User Stats

369
Posts
81
Votes
Ingrid Nagy
  • Property Manager
  • Passaic, NJ
81
Votes |
369
Posts

This one is a first for me

Ingrid Nagy
  • Property Manager
  • Passaic, NJ
Posted

Last week I contacted via email a listing agent for an REO that I've been seeing on the market for the past 4 months and requested that she send me some information on it. I ascertained who the listing agent was directly through the bank's REO website. 1st & only question she had for me was "where did you get my name". I told her. She then sent me the MLS information with a cover email advising me that because the property had been sitting with no offers the lender has decided to rehab/upgrade the property themselves and will most likely be increasing their price. The MLS listing has not been pulled off the market temporarily. I also did a drive by and the house is sitting exactly as it has been. What do you think gives here?

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