Updated about 15 years ago on . Most recent reply
CitiMortgage REO
I have been following an Ohio property that was purchased at Sheriff sale in January by Citimortgage. I have had little success getting anywhere with Citi other than iit's scheduled to be assigned an asset manager on March 15. I am interested in this house as my residence. 10 or so properties listed in this neighborhood have not sold in a year. In that time, 3 or 4 reo's and short sales have popped up and have gone in days. I want to get in the door quickly to put in an offer. The house was orig. 290k. Citi foreclosed with 227k into it. Any thoughts on how I get in quickly and make an offer. Any thoughts on what Citi would accept. Cash offer is a posibility but I'd rather do a traditional loan that I have preapproval for.
Thanks.