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East LA Duplex - video update

May 28th, 2008 · No Comments

Social Bookmarking

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Tags: REO · foreclosure · investing · market

REO opportunity: East LA Duplex

May 27th, 2008 · 1 Comment

Thomas Bartke here at CaWholesaleDeals.com…
…we have new REO opportunities coming in for
the week. Starting out the parade is a duplex in
East Los Angeles at 43% of its 2006 selling price!

I cannot stress enough that the prices we are
seeing right now are a huge buying opportunity
that you don’t want to miss.
Banks want to get rid of [...]

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Tags: REO · foreclosure · investing · market

Buying Foreclosures From the Bank

May 9th, 2008 · No Comments

“Find Motivated Sellers!”
That’s by and large the best way to find a bargain deal in real estate. Any “guru” will tell you that, and even most real estate agents will acknowledge that “motivated sellers” are more likely to accept an offer below the asking price.
 In fact, isn’t that what they’re indicating when they put “seller [...]

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Tags: REO · foreclosure · investing · market

Why Short Sales Don’t Work With Realtors

April 24th, 2008 · 2 Comments

How’s that for a provocative title? But unfortunately it’s true!
And there is a lot of frustration out there among agents that have a bunch of “short sale” listings that aren’t selling.
It’s no surprise, because a “short sale flag” on an MLS listings is the “kiss of death” most of the time. There are three reasons [...]

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Tags: REO · foreclosure · investing · short sale

REO Inventory: Anekdotal Evidence

April 22nd, 2008 · 1 Comment

Here is a sign of a shift in the REO market dynamics.
I just got off the phone with one of my REO listing agents that are supplying me with deals, and she told me that her own listings have been bought up left and right over the past 2 months. In fact, she said, her [...]

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Tags: banking · foreclosure · investing · market