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Bulk REO Investing

Bulk REO  InvestingWith the record number of foreclosures announced in the media, the opportunities are endless. One of the areas with great potential for profit is buying and selling bulk REO real estate owned foreclosure property. You may wonder what that is, let me break it down a little. Bulk means that the property is not a single piece, but a package of multiple properties.

These properties may consist of a block or even a neighborhood. Buying in bulk means saving, weather it is nuts and bolts or real estate, bulk usually means savings. REO stands for real estate owned. This property is still unsold after going through a foreclosure auction, a bank or mortgage company owns it. Understanding what bulk REO real estate owned foreclosure property is one thing, but why should you be interested in investing? Let me give you a few reasons.

1. Price – The price of these properties is much lower than the average market values. This provides an great opportunity for profit!

2. Lien-free – The sellers of the bulk REO real estate owned foreclosure property tries to make it as attractive as possible, which means the removal of existing lien from the property. This also lowers an investors risk in purchasing.

3. Less Work – Because these properties have already been through the foreclosure process and auction, they have already been appraised. This is one less task that needs to be done, saving both time and money. Often to lure buyers that bank or mortgage company will have already done needed repairs and improvements to the property prior to the failed auction, which less work for you as an investor. REO have also already been through the messy and time-consuming process of evicting the previous residents. There is also no auction to deal with as an investor can make an offer at any time. That means following your own investment schedule.

4. Less Competition – The fact that most people are unaware of bulk REO real estate owned foreclosure property provides for very little competition. Fewer competitors mean better prices and opportunity to obtain attractive and lucrative properties.

5. Inspection – Unlike many other foreclosure properties sales, bulk REO real estate owned foreclosure property provides an opportunity for inspection before you invest. This is an important feature because you have good intimate knowledge of the properties before you invest you money.

There is money to be made in this exciting field of investing.

Discover how to make money with the coming Bulk REO Trader.

photocredit:bulk-reo-trader.com




One Response to “Bulk REO Investing”

  1. Find homes for sale, real estate listings, home prices, new homes, real estate agents and mortgage rates at RealEstate.com. If you are buying or selling a …

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