newbie, needs quick help - Posted by steven

import · October 12, 1998, 8:04pm

Posted by PBoone on October 12, 1998 at 22:28:31:

Steven,
There is quite abit you left out of your comments, but to answer your question directly. I have yet to see a bank do a rehab. my suggestion is this call the banks reo dept and discuss it with them before they get a realtor involved by doing so you save them realtor fees.
Pat

import · October 12, 1998, 8:04pm

Posted by steven on October 12, 1998 at 20:04:45:

My neighbors house was just taken back by the bank. And its in pretty bad shape. Records show that the bank has certificate of title. Balance of 71,000. Maybe its worth 55,000. How can I get it before the bank decides to quick fix it and list it with a realtor?

thanks
Steven

import · October 13, 1998, 7:17am

Re: newbie, needs quick help - Posted by Karen McCall

Posted by Karen McCall on October 13, 1998 at 07:17:20:

The trick is to get it before they fix it up and put it with the Realtor, or you won’t get much of the deal contact Bank immediately.