Nationwide REOs at Volume Discounts

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 an abundance of paperwork and due diligence. There is a lot of competition for these bank owned properties because of the potential gain, but with hard work and perseverance the REO business can be rewarding.

However, investing in REOs can be a simplified process when dealing directly with the banks and other lenders. The majority of banks and lenders don’t allow for the sale of REOs in bulk. That is why working with a seller’s agent is instrumental as they can offer greater discounts (15% or more), Nationwide REO portfolios, and quick responses.

The problem is that finding a seller’s agent is nearly impossible and there are a lot of imposters on the Internet. In addition, some agents only want to deal with REO portfolios in the $10M or greater range. This provides a strain on some investors who then have to go back to purchasing foreclosures on an individual basis.

As a seller’s agent, I have direct access to Nationwide REOs at volume discounts throughout the United States. After an investor provides the necessary requirements, within 24 hours an email with the REOs is delivered for review (Please allow for a minimum order of 5 REOs and $500K). Upon receipt investors identify the REOs that are of interest and they get presented directly to the bank or lender.

Indeed, investors can select foreclosures throughout the United States, place small orders to feel comfortable with the process, and actualize greater discounts than on an individual basis. This is a simplified process that should be taken advantage of by Nationwide REO Investors.

Please contact Imran Khan, Chief Marketing Officer with Property Research and Resolutions for additional details.

Imran Khan
651-230-4889

See also: Bulk REO Investment Requirements

Possibly related posts:

1. Bank REOs – 100 Properties for $1M
2. Realistic Pricing for Bulk REO Investments