Who — Do I Contact To Buy A Foreclosed Home
He visited the local courthouse to find the Notice of Sale .
Depending on the type of loan the previous owner had, Marcus found three different "sellers" to contact: 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." He visited the local courthouse to find the Notice of Sale
📍 You don't contact the old owner. You contact an REO specialist agent or a Trustee , depending on whether the house is headed to auction or sitting on a bank's books. If you’d like to start your own search, tell me: What city or county are you looking in? Do you have a pre-approval letter or cash ready? You contact an REO specialist agent or a
The document listed a "Trustee"—the third party handling the auction.
Marcus hired his own agent—one experienced in distressed sales . This person would handle the aggressive paperwork and ensure Marcus didn't buy a house with hidden tax liens.