Archive for October, 2008

Department Resources

Assortment Bulk REO Packages Available Oct 21
1,870 properties – AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NH, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, VA, WA, WI, WV, WY
Price: $115,106,700 – BPO $239,805,649 – 48% LTV
-> [...]
Read More»

Fed Bailout and the effect on the Bulk REO Market
The U.S. plans to hire five to 10 asset-management firms as Secretary Henry Paulson establishes the government’s new office for handling the financial bailout, a Treasury official said.
Read More»

Builder Closeout 131 Units 30% LTV – SOLD
Direct to the owner of this project. The development has 300 units of which 131 remain unsold.
Development consists of 17 3-story buildings, built in 1991, with all amenities, including 2 pools, tennis courts, fitness center, clubhouse, etc.
The retail pricing for the remaining unsold units is close to $25,900,000.

The deal gets done at $7,860,000 ($60,000 per [...]
Read More»

Two Boutique Hotels – LA
No Bailout needed at these hotspots Business is BOOMING!
Read More»

Sarasota Fl Condos 50% LTV
Hi Investors,
This property is only 3 miles from the beach. there are 3 shopping centers within 1 mile from the condos. There are 232 condos currently sold in the development.
This is a GRAND investment opportunity.
50% LTV +3
196 CONDOS
SARASOTA FLORIDA
82% CURRENTLY LEASED
ONE,TWO, AND THREE BED ROOMS
BPO $38,939,000.00
SELLING AT 50% $19,469,500.00
MONTHLY INCOME $ 172,480.00 [...]
Read More»

21M Bulk NJ / NY SOLD
We are direct with a bank package of 110 homes in the NY/NJ area valued at 43m that is available for 21m. We have an exclusive on this for just a couple hours, so if you are a buyer ready to submit an LOI & POF to get the tape or know one that [...]
Read More»

Get the Latest Deals Available

Testimonials

Thank you very much for your professional approach and the great service!
- Gary Martin, Allied Investments

BankREOPropertyDeals makes the process easy. I can't thank you enough helping us ensure everything went smoothly.
- Mr. Ronald Bayer - First Financial Investing

Incredible Service, Thank you. I had dealt with so many "ghost sellers" it was a relief to deal with your company. I asked for properties to match my needs and I received the package details within the week. Thanks again.
- Mr. David Byrns - President - REF4 Funds.

Fast, Friendly, Sincere Service - I found a buyer for my closeouts within 24 hours - Highly Recommended!!!
- Debra Tillman

As an compiler of REO properties, I can honestly say, I have always enjoyed working with your company!!! - Brian Crowe, NC

After 20+ years in senior executive mortgage banking positions, your company is refreshing to deal with!
M. Cameron - Charlotte NC

FINALLY, I am glad to have found a source of VERIFIABLE PRODUCT! I would also like to thank you helping me handle the finer points of the transaction.
Mr. Joseph Higgen - Intermediary.