Bank Owned Property, Not yet listed!

[Meghan Collier]

Help!! Need some advice on how to move forward. I have located a house in my neighborhood that has fallen into foreclosure. It is not listed anywhere yet (I found it driving around and speaking to other neighbors) but I was able to find out the bank that owns the property. I am not sure the next step. Do I just call the local branch and inquire about the property? Any advice, tips, etc are welcome! Thanks : )

[Russell Brazil]

They need to by law offer it to the public for sale when they are ready to sell it....so it will either be listed with an agent, or listed in the newspaper as an auction...either way, there is no point in wasting energy trying to contact the bank as they will not deal with you.