[SeeSac]

Not sure what you are saying, but your info about letting someone who works for the bank purchase that banks foreclosed or short saled property is inaccurate.

I understand your response if taken in context but for clarity, the bank has every right to purchase the property at auction.

[HereInTheHeartland]

Sure the bank does corporately and they usually do. They are normally the highest bidder

But I was talking about individual employees buying real estate for personal use.

The earlier post seemed to indicate bank employees would get personal gain from buying someones home who their employer foreclosed on.