Updated almost 4 years ago on . Most recent reply
Buying foreclosed homes in bulk & verification of ownership
I’m an agent and was approached to list a house purchased by someone that does the above. I asked for proof of ownership since it still shows in banks name. They provided contract and copy of wire transfer and said the bank would send them the deed in 3 wks. I asked for alt statement or an individual who facilitated transfer of ownership and they weren’t able to provide these two things and said their business dealings are unordinary and this is how it works.
Is this correct?
- Jessica Kirkpatrick