Tag Archives: reo

The FHFA’s Burning Question – What to Do with 3 Million REOs?

A hot topic in Washington, D.C. this month is what to do with 3 million REOs currently in holding by the Federal Housing and Finance Agency. The popular answer is to make the government agency the largest landlord in America. Does this help or hurt the investor market and, more importantly, the recovery of the [...]

Read more

June 2011 Foreclosure Heat Map

Foreclosures are heating up again! In June 2011 1 in every 583 housing units received a foreclosure notice with California, Florida, Arizona, Michigan and Illinois leading the way. Foreclosure or REO investing is here to stay folks. Between the existing shadow inventory and the new filings, now’s the time to take advantage of this amazing [...]

Read more

Talking with Realtors Regarding REO’s

Purchasing REO’s is one of the best investments you can make these days. However, if the bank will not negotiate with you directly on their REO listings you will have to contact a Realtor to view the property and make an offer. Banks usually list their REO properties with local Realtors who market them in [...]

Read more

What is Bulk REO?

So you’ve decided to enter the world of real estate investing. You’ve heard the term “bulk REO” but what does that mean to you? Well one thing is for certain, the real estate market has taken a hard hit in the last few years. Foreclosures have been at an all time high. For real estate [...]

Read more

Bulk REO Secrets

Bulk REO’s. It is the hot new strategy of 2009.  I get at least 5 calls or emails a day from people saying they “have” a bulk portfolio they are looking for me to buy. Usually these people have email addresses like iamthegreatest@yahoo.com and can never actually produce any documentation about their portfolio when I [...]

Read more