Bank REO before MLS

[No Name]

I want to buy REO properties direct from the bank , before they're listed in the MLS. Where do I find the contact ?

[Paul Cordero]

Banks need to do due dillegence on their properties after fcl sale in order to know how to mkt them, especially if they are clear across the country. Agents are our eyes and ears for the local mkts. The bank doesn't know if they are getting a good offer from you until they have done their valuations. If for some reason you find an in to purchase directly, expect to pay more because all the bank will have to go by is the fcl sale bid, or unpaid balance.