Home — Who Do I Contact To Buy A Foreclosed

If the home had an FHA loan, he had to go through the HUD Home Store website.

If it’s bank-owned, these corporate employees make the final call on his offer.

To find his way inside, Marcus had to navigate three distinct gates. Phase 1: The Paper Trail who do i contact to buy a foreclosed home

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? If the home had an FHA loan, he

Depending on the type of loan the previous owner had, Marcus found three different "sellers" to contact:

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." Phase 1: The Paper Trail He visited the

Some banks skip agents entirely and list on sites like Auction.com or Hubzu . Marcus had to create an account and contact their online support to verify his "proof of funds."