Assigning Bank Owned Property

In NY, can a bank owned property be assigned?

Thanks in advanced!

I’ve heard that’s not a good idea. I’ve also heard that one way to do it is to create a LLC that the property would go into and then assign or “sell” the LLC to another buyer. From investors that I have talked to its just not a good idea for bank owned. If its a private seller then yes. My two cents,

Nate-WI