Hello,I noticed that some properties were sold to the bank at foreclosure sale. They remain under the bank's name on the county's records for months. Does anyone know why they aren't on the market for sale?
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I concur with Cece...there are many reasons why a property has not yet hit the market...there may be title issues, the bank may have foreclosed while owners in bankruptcy, property owners may be suing, waiting on PMI, illegal foreclosure, etc. The list goes on.
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I concur with Cece...there are many reasons why a property has not yet hit the market...there may be title issues, the bank may have foreclosed while owners in bankruptcy, property owners may be suing, waiting on PMI, illegal foreclosure, etc. The list goes on.
Sometimes there are still unresolved title issues, lawsuits, PMI issues, value issues, condition issues. All kinds of stuff.