How to find the Bank that repossessed a park


#1

I found a park I am very interested in, rather than take an offer that would pay off the debt and possible put a little money in his pocket, he let the bank take it back. Now the bank has it and I am wanting to know how to find out which bank has it and what do you think the best approach is to contact the bank? Also, any experience with how long a bank holds a property before they are willing to sell it?
Thanks for your help,
Leighnae Fabian


#2

The county recorder will have this information if you’re patient enough to navigate whatever system they use.

I would just call the bank up and ask for their REO department or explain that you’re interested in purchasing a property they own. Expect to get bounced around departments some, and you may have to be persistent.


#3

@pot, check the county’s register of deeds for the mortgage. You should be able to see who signed for the bank and reach out to them directly.