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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Property is REO, but not for sale(?) Posted by Mike on March 12, 2004 at 12:28 AM I have recently located property which is an REO since 9/03 and owned by Wells Fargo (per tax rolls) and recorded in 11/03. In several attempts to get more info (phone calls, visit WF branch, email thru website, etc), I am always in the end directed to their subidary Premiere Asset Service which has a website (no phone or contact), but the property is not on the website nor is it listed in the MLS. My previous experience in buying a foreclosure property was the bank had for 6+ month before it was out on the market (I found it by accident while looking on the MLS for something else). Questions: Is it typical for banks to take so long to get properties on the market? Is there any thing else to do except wait? Everyone I have dealt with has been polite, but I get the impression that WF/PAS REALLY don't want to talk to you except thru the website/listing agent. Any thoughts or experience with similar situations would be greatly appreciated. Regards, Mike Follow Ups: Re: Property is REO, but not for sale(?) Jk (the other Jk) 9:10 AM, 03/14/04 (1) Re: Property is REO, but not for sale(?) Mike 8:38 AM, 03/15/04 (0) Re: Property is REO, but not for sale(?) SeanW 8:19 AM, 03/14/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I have recently located property which is an REO since 9/03 and owned by Wells Fargo (per tax rolls) and recorded in 11/03. In several attempts to get more info (phone calls, visit WF branch, email thru website, etc), I am always in the end directed to their subidary Premiere Asset Service which has a website (no phone or contact), but the property is not on the website nor is it listed in the MLS. : My previous experience in buying a foreclosure property was the bank had for 6+ month before it was out on the market (I found it by accident while looking on the MLS for something else). : Questions: Is it typical for banks to take so long to get properties on the market? Is there any thing else to do except wait? Everyone I have dealt with has been polite, but I get the impression that WF/PAS REALLY don't want to talk to you except thru the website/listing agent. : Any thoughts or experience with similar situations would be greatly appreciated. : Regards, : Mike Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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