Posted by AndyA on December 04, 1998 at 12:30:19:
They are not the only “bank” that works this way.
Over the years I have purchased several foreclosed
condos that I use as rentals. In every case, regardless of the bank, the process took way too long, and they always used a realtor as their local representitive.I guess it’s the bank’s way of C.Y.A.
If you are patient, the deals can be good.