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Updated almost 12 years ago, 01/29/2013

User Stats

16
Posts
1
Votes
Jim Burns
  • Investor
  • Buffalo, NY
1
Votes |
16
Posts

How to determine ownership of forclosed house?

Jim Burns
  • Investor
  • Buffalo, NY
Posted

I have a rental property here in Buffalo and the house across the street was recently sealed up and locked by a third party with a sign on the door saying it was ordered to protect the interests of the lender.

I'm very interested in trying to make a cash offer on the place but unsure how to determine who owns it or how to contact them?

do banks sometimes sell them outright or is this certainly going to go to auction or something like that?

This property is on a street where a nice retail sale is ~60k and a rough shape house like this could be anywhere from 5-30k for a frame of reference

Thanks in advance

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