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Foreclosure in 85042 : Real Estate Advice

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Activity 1
Mon Oct 14, 2013
Annette Lawrence answered:
Jennifer from Pheonix provided you exceptional insight regarding the foreclosure dance.
Foreclosed homes can and are sold out the back door to instituional investors. These investors are allowed to cherry-pick the inventory BECAUSE they have contractually committed to purchasing millions of dollars of foreclosed real esate EVERY month. They have billlon dollar budgets.
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If this sounds like something you can do, (a million every month with a billion dollar budget) you MUST get in contact with an attorney who owns a title company or manages a hedge fund. The you too will be able to cherry-pick the best homes that appear on THAT banks inventory. The bigger the bank, the larger the inventory.
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That is most likely not what you wanted to hear.
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Work with an experienced forecllosure real estate professional and be willing to make strong offers and respond quickly...faster than that...the good ones that escape the cherry-pickers are gone is 7.3 nano-seconds.

best of success
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