Banks Looking At Owner Occupied Offers First Lately... Unscrupulous Investors Beware!A reminder to some of the less scrupulous Investors out there. When Bank Owned Properties come to market and state they're only looking at "owner occupied offers" for the first 7-15 days, and you the investor decide to pose as an Owner Occupant to get your offer considered... You've just committed a Class B Felony. It's not hard to prove when you either a) turn around and change title to an LLC or Business b) attempt to re-sell the property (flipping) in less than a year or c) get caught renting it out within a month. The Banks are taking notice... I represent investors that have ethics (1 is an Attorney) and they take notice too..September 01 2010 - Bremerton00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.