Updated over 13 years ago on . Most recent reply
getting around JPMorgan Chase agents
Been watching a property a property for months. Noticed today that the property had a big sticky notice in the window. Pulled the addresses tax records only to find that some nobody affiliate of JPM/Chase called EMC held the last mortgage before they went under.
The property is now foreclosed on and is listed by an unscrupulous r.e. agent whose father is a bankruptcy attorney that feeds him pre-deals that don't make it into MLS for months if not years. The unscrupulous agent uses the feeds from his dad to offer properties outside of the MLS via the web, but usually lists the properties for 2-3x value.
How can I offer to buy directly to the bank on this one? I'd like to offer fair value based on recently sold comps instead of r.e.a.'s "relationship" with his bankruptcy snake "relationship" to his dad. As an investor/consumer, I have no desire to overpay or participate in fake bidding wars.