REO info

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Posted by Anthony on April 29, 2002 at 18:11:20:

I am attempting to buy an REO posted on foreclosure listing service. However, when I call the bank who owns the property, they continually have me going in circles. When I spoke to their REO dept, they said that they didn't sell REOs. What is the proper process of acquiring an REO property from a bank. It seems that each bank I contact about foreclosures is always giving me the runaround. Thanks for any info.

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Follow Ups:

• Re: REO info trel 19:35:48 04/30/02 (1)
  • Re: REO info jr 22:37:53 05/11/02 (0)

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: I am attempting to buy an REO posted on foreclosure listing service. However, when I call the bank who owns the property, they continually have me going in circles. When I spoke to their REO dept, they said that they didn't sell REOs. What is the proper process of acquiring an REO property from a bank. It seems that each bank I contact about foreclosures is always giving me the runaround. Thanks for any info.

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