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Updated about 8 years ago on . Most recent reply

User Stats

27
Posts
6
Votes
Sunny Rajvansh
  • woodbridge, CT
6
Votes |
27
Posts

Bank owned properties in CT

Sunny Rajvansh
  • woodbridge, CT
Posted

I am new and looking for bank listed properties in CT. I was wondering generally is there a lot of wiggle room with bank owned properties? I put my first offer on a bank owned property but they seem to be very tough negotiating, is this how banks normally work? Listening to podcasts i have heard investors calls bank directly some times. Is that normal and ok to call bank if the property is listed with an agent? I never spoke to the listing agent my self.

Also, the agent I work with made me sign a year contract. I like the agent but I am not so happy in certain things may be because he never worked with investors before. What are the laws or rules once you sign contract? Is there a way I can ask the agent to cancel the contract?

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