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how would you go about assigning a bank owned property to a new buyer? is it possible?

I want to flip/wholesale this property, but will the bank allow this, b/c of financing reasons? Can it be done? Please write as much as possible, and tips would be helpful. Thank you.

Public Comments

  1. A bank is going to sell the property to you, and give you a deed. You will have to then sell to the new buyer and give them a new deed. I work at a title company, and people try this all the time, but the bank is not going to be willing to not file a deed to you and go straight to your buyer. It's not legal, and the bank will be selling to you for less than you will be selling to the new buyer, so they aren't going to want the sales prices inflated.
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