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Updated over 12 years ago on . Most recent reply

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Matt Carrasco
  • Pearl River, LA
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Servicing companies buying bank repo's?

Matt Carrasco
  • Pearl River, LA
Posted

I am in the middle of negotiating an offer on a REO when all of the sudden the listing agent tells me that the bank gave the servicing company 72 hours to purchase the home. I have been buying repo's for years and never heard of this garbage. Has anyone came across this before. Any info would be greatly appreciated. Thanks

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