Date: Thu, 12 Jul 2007 08:07:27 -0500
From: "Don" 
Newsgroups: misc.invest.financial-plan
Subject: Re: Buying a bank owned home
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"Hubert"  wrote in message 
news:1184220385.886267.218460@r34g2000hsd.googlegroups.com...

>A home that my wife and I were considering putting an offer on this
> weekend just got foreclosed.  We called the selling agent and was told
> that she lost the listing.  Is there any way to contact the bank to
> make an offer?  Or are we going to have to wait and see what happens
> and if they will put it back on the market?

In a situation like this, the answer probably is "anything goes." There is 
no reason at all why you couldn't just phone or walk into the bank and 
inquire about buying the house. You will lose nothing by doing that You 
might even consider contacting the former owners for further information 
about what is happening. One thing for sure, the bank wants to get rid of it 
as quickly as possible.