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All Forum Posts by: Rob T

Rob T has started 1 posts and replied 2 times.

Foreclosures

Post: CitiMortgage REO

Rob TPosted
  • Surveyor
  • Posts 2
  • Votes 0

Thanks for the response Steve.

Does Citi have there own in house asset managers or do they give their properties to an outside company to manage?

Also if anyone has any other advice in dealing with a Citimortgage REO I would greatly appreciate it.

Rob

0 Votes
Foreclosures

Post: CitiMortgage REO

Rob TPosted
  • Surveyor
  • Posts 2
  • Votes 0

I have been following an Ohio property that was purchased at Sheriff sale in January by Citimortgage. I have had little success getting anywhere with Citi other than iit's scheduled to be assigned an asset manager on March 15. I am interested in this house as my residence. 10 or so properties listed in this neighborhood have not sold in a year. In that time, 3 or 4 reo's and short sales have popped up and have gone in days. I want to get in the door quickly to put in an offer. The house was orig. 290k. Citi foreclosed with 227k into it. Any thoughts on how I get in quickly and make an offer. Any thoughts on what Citi would accept. Cash offer is a posibility but I'd rather do a traditional loan that I have preapproval for.
Thanks.

0 Votes