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Updated over 15 years ago,

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Texas
  • Member since May 5, 2009
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Texas
  • Member since May 5, 2009
Connect
Account Closed
  • Texas
0
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1
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Foreclosures

REO and bank chapter 11

Account Closed
  • Texas
Posted

Last week I made an offer on a bank owned property through my realtor. On Monday I got word my all cash offer is accepted and closing is in 2 weeks. I also just found out that the bank owning the home (accredited home lenders) filed chapter 11 on May 1.

How will the chapter 11 effect this deal?

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