It appears that even in states with very high NOD and Foreclosure rates there are still clusters of opportunities for the Fourth Tier.
The Fourth is the final liquidation step for properties that are sold off in massive tranches of 10,000 homes in a tier one sale . If you want to know about the various levels or tiers look in the blog here for more details.
Remember that in the final two tiers of the Bulk REO sales process the seller typically are looking for cash and a smart seller will look for a trade too.
What is a trade? I will cover that later this week! Check out the video about a small part of Florida that is still selling even new homes and should be good new for all to end the week!
No comments:
Post a Comment