OfflineI just read a news story from Jan 9th that the Obama administration is looking at a new program to start clearing out the backlog of foreclosures by offering them directly to investors.
According to the story, although details haven't yet been worked out, these may be let out in large blocks or could be individual sales.
What this means is that foreclosures might be coming at us hot and heavy starting later this year, so stay tuned!
Here is a link to read the story:
http://www.bankrate.com/financing/mortgages/government-to-unload-foreclo...
Merlyn & Jean Jarman
Southestern Indiana Properties
www.seindianaproperties.com
Merlyn Jarman
www.seindianaproperties.com
"We cannot change yesterday. We can only make the most of Today and work with hope and inspiration towards a better Tommorrow."
HI MERLYN,
THAt's all I have in miami, very challenging to find a true FSBO... Can't wait, more REO
http://www.deangraziosi.com/real-estate-forums/market-trends-and-conditi...
www.tw4homes.com website
https://tvallc.isrefer.com/go/RehabLite/reigirl/ FREE SOFTWARE FOR WHOLESALERS, REHABBERS AND AGENTS! Present professional looking deals to buyers and lenders as well as run your numbers and get the ROI.
Wow that is great if it is true.
" Not Having a goal is more feared than not reaching one"
Christa Niven