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Updated almost 4 years ago on . Most recent reply

User Stats

5
Posts
3
Votes
James Tolson
  • New to Real Estate
  • Brevard, FL
3
Votes |
5
Posts

7 year vacant bank owned home

James Tolson
  • New to Real Estate
  • Brevard, FL
Posted

Hey everyone, I've paying more attention to houses and neighborhoods near me. I've noticed a couple vacant houses nearby so I decided to look them up through the county. There's one that was foreclosed and the title transferred to a bank in 2014, so almost 7 years ago now. Reading through similar threads the typical advice is usually "wait for it to hit market", but after this long I feel like that's just not going to happen or it hit market and had no takers.

Does anyone know what's up with situations like this, and if it hasn't sold yet will it just sit forever? 

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