Has anyone ever gotten a foreclosure list from a bank how do you?

Investor · Chicago, IL · Member since 2016 · 80 posts · 90 votes

Has anyone ever gotten a foreclosure list from a bank?

I would like to ask my Credit Union for a list. Has anyone had success doing this?

Who are the appropriate contacts to ask?

Thanks In advance

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Daniel HymanBusiness Member

CPA · Milwaukee, WI · Member since 2016 · 2k+ posts · 1k+ votes

10y

John Anderson If my available funds are simply commitments from private money lenders, what would the banks like to see as proof of that?

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Daniel HymanBusiness Member
CPA · Milwaukee, WI · Member since 2016 · 2k+ posts · 1k+ votes
10y
John Anderson If my available funds are simply commitments from private money lenders, what would the banks like to see as proof of that?
My Online Accountant572 Reviews
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Sam Shueh
Real Estate Agent · Cupertino, CA · Member since 2016 · 4k+ posts · 1k+ votes
10y
Banks do not deal with foreclosed homes. Wells, Citi, BoA unload and sold the notes to other lenders who are in the foreclosed business. Almost all have a listing agent to present these lenders.
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Garrett M.
Rental Property Investor · Philadelphia, PA · Member since 2015 · 180 posts · 66 votes
10y
Hi gents! John Anderson how are these foreclosure lists beneficial to the investor? Won't the bank simply sell these listings as REO sales in their time? Does getting the list allow you to scoop these before they are public?
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