Real Estate Agent · Ojai, CA · Member since 2014 · 1 post · 0 votes
I got a lead from a friend on what was a million dollar property in her neighborhood. Then the main house burned down leaving only a 2 bedroom guesthouse. The owner had stopped making payments before the fire, and now it's bank owned. How do I go about finding out which bank owns it and who to talk to and what to check before buying? Thanks!
Real Estate Professional · West Palm Beach, FL · Member since 2012 · 23k+ posts · 13k+ votes
12y
You'll have to wait until the bank list in in the MLS. Sometimes the agent assigned will post info. on the window prior to the listing. Public records will show the owner, and you could research which local agents list their REO's.
Real Estate Broker · Orange, CT · Member since 2013 · 951 posts · 218 votes
12y
Town Clerks office, Tax Office or Court Records for Foreclosure may have the name of the bank. But they may have a 3rd part asset manager handling the resale.