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With current legislation making the real estate market nightmare, the hope and
dreams of many real estate entrepreneurs seem almost dashed. Once again, the big
guys got the bailouts and the little guys were left out in cold. But there is a
way out. There is one sure way to reincarnate the real estate money maker. There
is a way for everyone to get their money and keep it too. It is called Bulk REO.
REO, “real estate owned properties” refers to assets a bank or lender
owns after foreclosing on a property. Bulk
REO is a group of REOs that a bank or lender groups together for sale. The
wonderful thing about Bulk REO’s is that they are usually sold for a small
fraction of the real value. To recover some money banks often auction them off
in a bulk at steeply discounted prices. Needless to say, Bulk REO offers real
estate investors an excellent chance to regroup and get back to the horse.
Bulk
REO are below MLS, BPO, cheaper than private sellers, auctions and
are a fraction of any approved short sale price. And the little known fact is
that they are accessible to everyone and anyone-even without cash or credit.
How? Simple! Bulk REO investing is based on the relationships with key
Bulk REO market players. You end is to act as broker to the buyer or the seller
and charge a fee. Yes, you can represent them at the same time. See what I mean?
Banks do not want bulk REO’s nor do they want their associated costs,
taxes, maintenance, insurance and utilities and investors get them at
substandard prices. Banks want money not the bills. They have no financial gain
by having properties on the books. Real estate invertors want the properties to
get money by giving other people bills. And at the fraction of the cost, it is a
sweet deal. Everyone wins.
Despite how sweet bulk REO may seem, some
caution is advised.
To avoid loopholes, sinkholes and investing too much
too soon, Bulk
REO investment requires training. Training offers easy, concrete and solid
strategies on maximizing investments and avoiding risk. Like in any business,
the secret of how to go about it is limited to the lucky few who have either
figured it out on their own and those who have actually decided to go trough
with the training.
What Bulk
REO training teaches you is how to increase the profit from $15 000 to five
to ten times of that per sale. It teaches how to close a deal fast. It teaches
you that anyone can do it. It teaches you that do not need to be a middle man.
And as the learning curve builds up on acquired skills to provide you with a one
way ticket to what is dear and near to all our hearts- money.
Bulk REO
is a great opportunity to make money and join the ranks of recession
millionaires. The catch is tread carefully, get training, make good picks, go
slow and Bulk REO investing can turn a sometimes profit into a great profit.
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More: http://www.hsengine.com/s?w=Horse+Auction
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