Joe Henry's (globaleconomy247) Blog

As recent as 90 days ago we had 489 Bank Owned properties in Fairfax County...this evening we are seeing as few as 220. Our marketing strategy is purely focused upon distressed inventory as we see the clients cross selling themselves to conventional listings since the price and or the condition o...

Bank Owned and Short Sales Latest Bank Owned transaction went rather smoothly as the selling bank captured(net) .68/$1.00 based upon the previous purchase price of $940,000. Buyer was given guidance to bid at .60/$1.00 and we closely tracked the entire bidding process. Large down payment clearly ...