Posted by Kristine-CA on February 16, 2002 at 24:12:05:
BoY: My experience so far is that 95% of REOs are listed with RE agents and the MLS. However, some major finance companies do have lists of what’s available, such as Countrywide, etc. Check the archives on this site for info on “finding REOs” or “REO listings.” You’ll find lots of commentary and people’s experience investing in REOs.
Hope this helps. Sincerely, Kristine
Bank owned properties - Posted by BoY
Posted by BoY on February 15, 2002 at 23:48:15:
Hi,
where can I find a listing of properties owned by the bank that is for sale? Or is there such thing?
Re: Bank owned properties - Posted by Scott Ewing S.W. Mich
Posted by Scott Ewing S.W. Mich on February 16, 2002 at 17:00:54:
Kristine is correct, check with your local RE agent. A lot of these companies write mortgages nationwide and are clueless about the laws in each particular state, so they just dump it off on any agent willing to get involved with it. Any office should be able to provide you with a list of properties regardless of who the listing broker is.