From: Owen .
Hi,
I have found out about a property that has just been repossessed by a bank because of a loan default by the owner. I know the tenant well enough to say 'Hi' to and she told me about this because she had been kicked out by the bank.
It's easy to find the owner but I was wondering if there is any way I can find out what bank was the one holding the loan? If I can find this out I may be able to approach them about purchasing the property. Anyone know how to find this info out? Anyone done something similar? Was the bank approachable or did they not want to know you?
I could ask the tenant if she knew but she probably just got a letter from an agent and I don't know if I should approach the owner or not. Any suggestions? It could be an opportunity waiting to happen.
Owen
"Gambling promises the poor what property performs for the rich – something for nothing"
Hi,
I have found out about a property that has just been repossessed by a bank because of a loan default by the owner. I know the tenant well enough to say 'Hi' to and she told me about this because she had been kicked out by the bank.
It's easy to find the owner but I was wondering if there is any way I can find out what bank was the one holding the loan? If I can find this out I may be able to approach them about purchasing the property. Anyone know how to find this info out? Anyone done something similar? Was the bank approachable or did they not want to know you?
I could ask the tenant if she knew but she probably just got a letter from an agent and I don't know if I should approach the owner or not. Any suggestions? It could be an opportunity waiting to happen.
Owen
"Gambling promises the poor what property performs for the rich – something for nothing"
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