Len & Carol Hoare

Marketing Unquie Properties Across N.E. Washington
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Len & Carol Hoare

The Banks and Repo's

The bank repo’s a home and does not record the deed. The bank then lists the home for sale with a realtor. While showing the home another realtor or their client has a bad accident.

Who then is responsible?

Would it be the bank, the lawyer at the trustee’s sale, the listing agent or the showing agent? This is currently the case with many large banks across the Country; they are not transferring the deed into their name. We were just wondering why the banks are doing this and to see if anybody has any answers.

Comments are always welcome!

Published Monday, June 22, 2009 11:10 AM by Len & Carol Hoare

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