properties: REO SALES - THROW OUT THE RULE BOOK
- 10/31/08 09:33 AM
Lazarus Realty recently represented a lender in the sale of a bank owned property and for all intents and purposes you can just throw out the rule book when conducting these transactions. I forwarded a disclosure package to the lender and NEVER got a response. Not all of the disclosures that I requested to be signed were mandatory but some disclosures are state or federally mandated.After not receiving any reply by email from the lender (again, who I was representing) I called and left messages: nothing.I then wrote the asset manager an email requesting that if he was not going to … (5 comments)
Lazarus Realty recently represented a lender in the sale of a bank owned property and for all intents and purposes you can just throw out the rule book when conducting these transactions. I forwarded a disclosure package to the lender and NEVER got a response. Not all of the disclosures that I requested to be signed were mandatory but some disclosures are state or federally mandated.After not receiving any reply by email from the lender (again, who I was representing) I called and left messages: nothing.I then wrote the asset manager an email requesting that if he was not going to … (5 comments)
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