I’m having trouble contacting the bank owner of the REO property I am interested in. What should I do?
It’s important to remember that the first job of banks is to lend money and provide financial services to clients, not to sell real estate. For this reason, it may be hard to get in touch with the right department at banks that own REO properties, especially when you can’t be there in person. ForeclosureListings.com always provides the name of the lender in its REO listings, and we try to provide their phone numbers as well. But if you can’t find a number or are just having trouble getting through to the right department, there are other options. First of all, you can check if the bank has listed the property for sale with a real estate agent. ForeclosureListings.com can help put you in touch with an agent in the area of the home to find out if this is the case. You can then work out the offer you’d like to propose, and deal through the agent. You can also try contacting the local Property Assessor for the city or county. If you provide them with the address and home information, they
