Quote:
Originally Posted by Max Potential
Banks have an over abundance of homes for sale and/or in foreclosure. They do not want these homes. You would be amazed at what a bank is willing to sell a home for if you have the cash to buy it outright. If a homeowner is way behind on his mortgage and is at that threshold of foreclosure and really wants to get the hell away from it, that is usually the best time to get the term short sale into the conversation and have the homeowner pass that backwards to their bank.
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Is there a way to go -directly- to a bank and negotiate/purchase from them instead of going through their realtor? We have the cash to buy outright. We're looking at 3 bed 2 baths anywhere from $50k to $200k. It's a pain in the ass dealing with all the middlemen.