He discovered a major national bank held the deed, meaning it was now REO (Real Estate Owned) . Phase 2: The Gatekeepers
Marcus stood on the sidewalk, staring at the overgrown lawn of the craftsman-style house on Elm Street. A "Foreclosure" notice was taped to the front door, curling at the edges. He had the savings, but he didn't have a clue who actually owned the dirt beneath his boots. who do i contact to buy a foreclosed home
The document listed a "Trustee"—the third party handling the auction. He discovered a major national bank held the
If it’s bank-owned, these corporate employees make the final call on his offer. who do i contact to buy a foreclosed home