foreclosuring/foreclosure - are all banks equal

[Daria B.]

I'm digging around on the public records site searching 'lis pendens'. 

Got there after finding a property for sale that is being 'short saled'. I then started thinking after seeing so many variations of lenders foreclosing, which ones may be easier to deal with.

In my search I found Ocwen (that I hear nothing but bad news about in BP forum), regular banks like Bank of Mellon, Wells Fargo, Deutsche Bank, and others that are are more local to my area.

All of the lis pendens I found I know are not all short sales but because they are in the foreclosure process, I'm wondering how to approach the owner or bank after looking at this list of properties.

It doesn't seem to matter about whether it's a short sale or already at the 'almost-end' of the foreclosure process (when the bank gets the property) that it takes a long time because of so much red tape processing. Although REOs seem to also take long - I looked at a property months ago that went to another buyer that is still pending.

Anyway, are there any advantages in dealing with certain banks in the foreclosing process that may be easier to deal with or is it that everyone, regardless, is going down the same road.

Thanks

:-)