Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Marketing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply

User Stats

133
Posts
43
Votes
Steven Mitchell
  • Investor
  • san antonio, TX
43
Votes |
133
Posts

first mailer - foreclosed properties owned by banks?

Steven Mitchell
  • Investor
  • san antonio, TX
Posted

What does this mean?  Im going through agentpro247 and sorting by properties in foreclosure.  When it says its owned by the bank, does this mean its the banks now so I shouldnt be sending mail?  Does this mean the process has started and I should still send mail to the listed address?

Most Popular Reply

User Stats

31
Posts
24
Votes
Douglas Royse
  • Jenison, MI
24
Votes |
31
Posts
Douglas Royse
  • Jenison, MI
Replied

Hello Steven

REO properties are owned by banks and going to auction in the future. More then likely the home owner does not live there

Hope this helps

Loading replies...