If it’s bank-owned, these corporate employees make the final call on his offer.
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
Marcus realized he couldn't just call the bank’s 1-800 number and ask for the keys. He needed to contact specific professionals who speak "foreclosure." If it’s bank-owned, these corporate employees make the
Marcus first needed to identify the . Since the previous residents were gone, the "owner" was likely a bank or a government entity. He had the savings, but he didn't have
For government-owned foreclosures (like HUD homes), Marcus found he must use a broker registered with the government to even place a bid. Phase 3: The Source of the Deed