Category — Nationwide Bulk REO Investments

Bank REOs in Declining Markets

For sale, I have a portfolio of Bank REOs in Detroit consisting of 100 properties for $1M. This equates to $10K per REO and for investors this a great opportunity to turn a profit, as the stock market is not performing. There is also a lot of potential to help improve major cities facing economic distress.

Bank REOs in major cities with [Read more →]

Investment groups, hedge funds, and individuals are capitalizing by purchasing REOs through their local realtors at discounted rates. In order to reap the potential benefits, they endure a lot of hardships such as waiting for individual REO offers to be countered, rejected, or not responded to at all after completing a [Read more →]

The cliché “This is a great time to buy” has taken on a new meaning for some investors. Purchasing REOs (also known as real estate owned, by a bank or lender as a result of foreclosure) is becoming very popular and lucrative business for investors. However, there is some confusion about the pricing of Bulk REO purchases.

Banks are receiving on average [Read more →]