Upcoming Foreclosures

I want to find out which bank owns a property that is in foreclosure.?

The property is not livable so the Realtor's mortgage broker cannot get me a loan, and thus he realtor will not give me any information. I want to deal with the bank directly.

Public Comments

1. the name of the foreclosing lender was in the classified ads filed in the newspaper before the event. In most states, they have to publish once a week for a while in advance. Seek and ye shall find. Many are online these days.
2. The bank may be anywhere in the world... that is the problem with the meltdown in the real estate market today... 90 percent of the loans are held by foreign banks
3. You can go directly to the court house in the county where that property is located. You should find all the info you need to know. BUT YOU HAVE TO BE ABSOLUTELY CERTAIN YOU HAVE THE RIGHT ADDRESS. If the property is "in the boondocks", you might have to do some additional work to make sure you have the exact address. Once you have the correct address, you can get the info at the Recorder of Deeds Office/County Clerk's Office, Sheriff's office and/or the Tax Assessment office. The name of the owner will be of great help. As far as you by-passing the broker/Realtor is concerned, and negotiating directly with the lender/bank - it might be a challenge for you. Thanks for asking your Q! I enjoyed answering it! VTY, Ron Breue Yes, that is my real last name!
4. The county tax office will know. Your realtor will tell you. However...... You have to be a real estate broker to sell houses. The bank is not a real estate office and contracts with brokers. The bank will not talk to you directly. I am sorry, I know you want to hear something else, but that is how it is. If the house is not livable you can still get a loan. You need to get an investment loan, not a primary residence loan. The only loan you would have trouble with is for primary residency, since you obviously can not reside in the house. Houses like this are sold and mortgaged daily, there is nothing unusual about it.
5. Don't waste your time attempting to deal with the lender. I gather that this property is listed by the realtor in question. That being the case, he has a valid listing contract, and any inquiries to the lender will be referred back to the listing agent. Be advised that lenders with foreclosures list their properties for sale with real estate agencies because they do NOT want to be bothered by folks like you.
6. Look up online at your county recorder's website or the tax assessor's website for the current owner of the property. It should list the bank that owns the house and the mailing address of the bank. That will help you find out exactly who to call and deal with. Otherwise, you can call the recorder/assessor and ask them directly, if no website is available. Most of them are very helpful and will give you exactly the information you are looking for. Good luck. ForeclosureFish