For Sale By Owner’s or FSBO’s…pronounced “Fizboes“.

For investors like myself, when I come across a For Sale By Owner Sign…I’ve died and gone to heaven. For starters, I’ve fortunately come across a property that isn’t listed on the MLS which means that everyone and their grandfather won’t already know about it. The gives me an edge…one that offers more opportunity than a listed property.

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If you’re in the wholesaling business,

then you’ll love bulk REO’s.

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By Kenny Rushing

How can I guarantee you a short- sale approval in 24-48 hours?

Yes I can!

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REO is a class of property owned by a lender, typically a bank, after an unsuccessful sale at a foreclosure auction.A bank will typically set the opening bid for the REO properties /sale at a foreclosure auction for at least the outstanding loan amount. If there are no bidders that are interested, then the bank will legally repossess the property and list it as REO in their books.

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By Kenny Rushing- Guest Article Contributor

Buying and selling bulk REO’s is among the hottest real estate niches in the country right now. But this business is only a few years old, so the fact is not many people know how this business works yet. Read the rest of this entry