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Has Anyone Successfully Closed a Bulk REO Deal?

By
Mortgage and Lending with DMZ Mortgage

For a while there everywhere you turned there was another person who had a bulk REO contact and or someone representing a buyer of bulk REOs.  I'm not seeing as much of that lately.  Which brings me to my question...

Has everyone closed on their $50 mil deals and now they are on vacation or was this bulk REO business bunk to begin with.  What do you say Active Rain?  Is it bulk REO boom or brouhaha?

George Wagner
BulkREOTape.com - Marietta, GA

Bulk Sales are real. The majority of them being between 1-3MM take down. I will be happy to supply you with several sold tapes for your review. The difficult part is locating Real buyers and Real Sellers.. Banks do not deal directly with investors. Too many brokers and tire kickers have closed that door long ago.

Read how the process really works on my site at www.BulkREOTape.com

Thanks,

George

Jan 04, 2009 04:01 PM
Tom Montes
MGR Real Estate Services - Commercial/Residential - Rancho Cucamonga, CA

Thanks for all whom called me Inquiring about REO's , I 'd like to help all of you and for most i am helping we are moving right along...It feels good to hear the THANK YOU's after a buyer has received his product and everyone gets paid..Its a WIN WIN situation for everbody involved. This is an exciting business to be in right now...Please keep the calls comming in!!!!! Soon I will be assisting a seller with their REO's but selling in smaller blocks (2 or more) in Northern/Southern Cal......Products out there (most Satates) so call me ...Tom Montes (909)717-6131  Keep your eyes open for Tri-Mar Financial,Inc.    located in Rancho Cucamonga,Ca.................... (we will soon be   corpoarate in a very Large way !!  We will be assisting home buyers in all facets of Real Estate. we will have the lowest rates available, easy qualifications, Refi's, Purchases, 100% financing, No loan Mod-we Refi @ a low fixed !! (on individual bases) commercial etc...:)

TRI-MAR FINANCIAL,INC

Rancho Cucamonga,Ca.

Tom Montes

(909)717-6131

Call for details.....

Jan 20, 2009 04:31 PM