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Updated almost 6 years ago,
Buying an REO from Mortgage Company
So I was doing a little research in my market and I found a property that had been foreclosed on by the mortgage company. this property has not yet been listed. I reached out to the mortgage company to see if I could get some information on the status of the property and hopefully purchase the home before it ever hits the market. I called and I got transferred from one department to the next until finally the final person said that they didn't know and that I would have to contact the listing agent. (But it's not listed!) Have you guys had any experience with mortgage companies and purchasing property in this manner before? Can you guys provide feedback on my approach and maybe offer some suggestions? Thanks guys!!!