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Updated over 10 years ago on . Most recent reply

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127
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39
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Richard Bradshaw
  • Investor
  • St Petersburg, FL
39
Votes |
127
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Buying off market REO

Richard Bradshaw
  • Investor
  • St Petersburg, FL
Posted
I was driving and saw a vacant property, after some research I found out who the owners were. While searching for their contact information, I realized they were in the middle of going bankrupt. That Monday the property owner was listed as Bank of America asset division (or something of the sort). I have the number for the Bank of America office. If I contact them, can I negotiate a purchase before the house goes on the market?

Most Popular Reply

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23,418
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13,512
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,512
Votes |
23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Yep, waste of time trying to talk to the bank.  Odd that the bank actually got title during the BK.  I have one now, owners did BK 2008, house still in their name.

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