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Updated almost 10 years ago,
How to wholesale bank-owned?
Hello,
I live very close to a property that has been vacant for a couple of years and, in my opinion, would be a make for a good wholesale deal. I've researched the property on my town's registry of deeds and found the current holder of the mortgage (Nationwide, if I recall). I called the mortgage company with the hope that someone could tell me how to purchase the property. The response was "you're not listed on the mortgage, have a nice day". Ok, about what I expected. So, then how does someone go about making a deal with a bank- (or mortgage company-) owned property? I wouldn't be surprised if this question didn't have a simple or brief answer so I appreciate any and all feedback!
thank you
-Dave