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Updated almost 8 years ago on . Most recent reply

User Stats

92
Posts
52
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Samantha Magina
  • Real Estate Agent
  • Westford, MA
52
Votes |
92
Posts

Auction: Bank of America customers prohibited from bidding?

Samantha Magina
  • Real Estate Agent
  • Westford, MA
Posted

I'm watching a few auctions in NY right now and this disclosure caught my eye. What is a household member? is that a person that owns stock or is it a person that has a bank account? I'm stumped. 

  • Bank of America, N.A. associates, household members and business partners are prohibited from purchasing REO properties, either owned or serviced by the Bank, whether directly or indirectly.

Most Popular Reply

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23,418
Posts
13,510
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,510
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Employees(associates) and Their household members.

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