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Bank foreclosures
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angelta8
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Posts: 2
Registered: 01-12-2009


angelta8

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How do I find information on how to work directly with a bank
Kudos!
01-12-2009 02:54 PM
 

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Re: Bank foreclosures
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Sean
Redfin Lead Agent
Posts: 16
Registered: 08-03-2007



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Hi Angelta8,

A great way to find out information on the current owner of property is through www.masslandrecords.com. This site will give you the scoop on any info that is public and has been recorded with the town or city. Once you have found out  which bank owns the property then you can just give them a call and let them know that you are interested in one of their REO properties. They will point you in the right direction. 

If you are interested in a property that is bank owned and listed with an agent then let us know and we can give the agent a call to see if they have a contact at the bank for you.

I have found that this strategy works best when the bank that owns the property is a smaller community bank because there is much more interaction between the different departments. For instance, if a large bank, say Countrywide, owns the property then getting financing through them does make them happy but will most likely not be a large determining factor in their decision whether to go with your offer or not (price is certainly a large factor).   However, if it is a local savings bank or lender, then it might make a huge difference and this will be taken into consideration along with price.

If you would like to discuss further please feel free to give me a call or shoot me an email directly.

Thanks for posting.

Best,

Sean 


 

Sean Valiton | Redfin Lead Agent
See all my deals & reviews
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Kudos!
01-14-2009 11:18 AM
 

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Re: Bank foreclosures
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StillLooking2
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Posts: 2
Registered: 06-09-2009


StillLooking2

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Hi. That sites is helpful. But I'm looking at a house in Norfolk County. It doesn't appear to be available via that website. Is there another way to see the same information for Norfolk?

 

Thx 

Kudos!
06-09-2009 12:04 PM
 

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Re: Bank foreclosures
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reoman
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Posts: 87
Registered: 04-22-2009


reoman

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Yes, there is

 

 

Just search for 

 

"Norfolk County Registry of Deeds"

 

And you'll get to the site. Its a little had to use but it has the same info as masslandrecords.com

Kudos!
06-09-2009 02:32 PM
 

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