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How long will it take for a bank owned house to come back onto the market after it expired?

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  • How long will it take for a bank owned house to come back onto the market after it expired?


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Answer #1 | 26/12 2013 13:06
Something is confusing here, banks tend not to invest like this in private homes and they definitely would not let any tenants stay there. This sounds more like an attempted short sale that failed then what you describe above. They will probably now proceed to foreclose and then the bank will sell the property...likely very quickly.
Answer #2 | 27/12 2013 08:17
These things are really unpredictable and its hard to say what is going on. One thought though, why not contact the real estate agent who had listed it and ask first of all what the deal is/ was with the place (they'll know alot even if they are no longer involved with the house) and then ask about putting in a contract on it even though the listing is expired. Expired listings are often sellers (be it the bank, or whoever) who gave up on the sale but if you come in with a good offer that could be just what they are looking for.

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