Going after off market REO's

[Bradley Sriro]

I was wondering if anyone has had any luck going after off market REO's that have not been listed with a realtor/broker yet? In my area, there are quite a few REO's that need major repairs that have been vacant and bank owned for a very long time. Is it worth trying to contact the loss mitigation officer at the bank to try to make an offer on the property or do we just have to keep watching it until it is listed with an agent? Any information would be greatly appreciated. Thanks everyone!

[Wayne Brooks]

Waste of time, unless maybe it's a small local bank/credit union, then maybe.