REO Dept. - CA

Hello,



I have called as many banks as I can think of; however, most of the customer service reps have no idea what a REO Dept is. Does anyone have a list of banks that have REO properties in California. Any info would be helpful.



Thank you,

Leah :wowsmile

Comments(1)

  • ShortSalesinCO26th November, 2007

    You could try to put it on the HUD-1 or you could call the bank, tell them the situation and ask for an indication of their acceptance. If the property is vacant they may send someone out to winterize it (and probably change the locks too.) Tell them that they would have to do it anyway if it were to go REO.

    I would think that your offer would absolutely be high enough for it to go through. Also, depending on how much you stand to make it might be worth it just to pony up the $250.

    Let us know how it works out.....

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