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The Beauty of Banking

By
Real Estate Agent with AllMountainRealty.com

I have 3 buyers that want to buy a property that is bank owned. I have email Chase but have not received an answer. It is not yet listed. This is the beauty of bank owned property. These folks cannot, and never really have, reacted to market conditions. If anybody has any ideas I could use them . Thanks

Posted by

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Charlie Ragonesi All Mountain Realty Big Canoe and Mountain Blog

On line at www.allmountainrealty.com Call at 706 579 1098

We sell Homes                                                    

 

Comments (8)

Pat O'Reilly
RE/MAX..214-289-6176 Irving and all of Dallas Fort Worth - Irving, TX

Charlie..they live in their own little world and move at their own speed...until they are ready and then we have to jump thru hoops... Ain't it GREAT!!!

Jun 04, 2010 02:02 AM
Malcolm Johnston
Century 21 Lanthorn Real Estate LTD., Trenton, Ontario - Trenton, ON
Trenton Real Estate

Charlie, banks have rarely ever responded to the needs of the public. The only time you will see them act quickly is when their own profits are threatened.

Jun 04, 2010 02:07 AM
John Thomas
E3 Green HOMES - Boulder, CO
EcoBroker, MSEE, MBA

It is amazing how out of touch the banks are with the market conditions. I think that disconnect is a very real part of the problem we are in nationwide.

Jun 04, 2010 02:34 AM
Christine Hynes
American Capital Corporation - Laguna Beach, CA
Orange County Senior Loan Consultant

Charlie, from what I've heard from friends about REO the only real solution is to stay on them and make sure your intentions are known. Chase is known for their unresponsiveness so I think you'll just have to keep trying to contract them. Good luck!

Jun 04, 2010 08:49 AM
Barbara S. Duncan
RE/MAX Advantage - Searcy, AR
GRI, e-PRO, Executive Broker, Searcy AR

With bank owned properties we just need to know that until they price it and list it, we need to be patient.  They have their steps to go through and rushing them probably is futile.

Jun 04, 2010 03:58 PM
ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779
REAL ESTATE REFERRAL NETWORK - Asheville, NC
CONTACT janeAnne365@gmail.com

Tell me about it! My best advice is patience...

Jun 04, 2010 04:53 PM
Richard Iarossi
Coldwell Banker Residential Brokerage - Crofton, MD
Crofton MD Real Estate, Annapolis MD Real Estate

Charlie,

By the time you're done...you'll have gray hair.

Rich

Jun 04, 2010 05:07 PM
Liz Loadholt
Liz Loadholt- AgentOwned Realty- Covering SC - Mount Pleasant, SC
Realtor--Broker-in-charge - Trainer--Relocation Director Covering SC

Charlie -- I have a name and phone # for a person at
Chase -- have no idea if he could help in anyway -- but if you want to call me, I'll look it up.

         
                                                                         The  <br/><br/><br/><br/><br/><br/><br/><br/>AgentOwned<br/><br/><br/><br/><br/><br/>  Realty<br/>  <br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/>Company<br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/>  - Mama <br/>Liz Signature<br/> with blue           

Jun 06, 2010 08:37 AM