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Foreclosures

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117
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Tony F.
  • Investor
  • California, CA
26
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117
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Contacting Bank about property about to go to foreclosure..

Tony F.
  • Investor
  • California, CA
Posted Jan 18 2019, 21:26

Had my eye on a multifamily property that got listed yesterday... today listing got taken down. Talked to the listing agent, she told me the Bank is owed more then the value and the realtor commissions total so she is pulled the listing. It was part of a bankruptcy proceeding and sounded like the court set the sale price. She listed it for a day as a technicality, then took it down because she knew there wasn’t room for Bank and realtors. She says it’s going back to the bank. I think it has potential, how can I get my hands on it before the bank lists it and I have to compete with everyone else looking for deals. How do I find out which bank is getting it back and contact them direct?

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