I already have an agent working for me,but I want to learn the system on how to bit the bank so I won't be push around the system of owning a property. The property has a ';short sale'; clause in it.I want to buy house but it is in a possession of a bank.How do you deal with the bank?
Go to the bank and see what the status is??I want to buy house but it is in a possession of a bank.How do you deal with the bank?
They have to comply with the state mandates for selling repossessed property... sometimes it takes months for you to actually take possession. Call the bank and ask for the repo department, they'll clue you in on the timing, etc.
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