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Updated about 10 years ago, 10/23/2014

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22
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Damien Cox
Pro Member
  • Granada Hills, CA
0
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22
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Dealing with bank

Damien Cox
Pro Member
  • Granada Hills, CA
Posted

I found what looks to be an ok deal. A vacant property owned by an out of state bank (from chain of title it looks like a credit default swap) that's approx 80k under median value. I have  not inspected the inside but from tbe outside I have not seen any issues yet. My question is A) Who at the bank do I contact about the property and B) In these situations do banks take less than they got it for just to get it off their books and C) How are successful offerss presented to banks with these types of properties? 

  • Damien Cox
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