Posted on January 31, 2009 by bobbauman
Following are new REO packages with some buyer friendly guidelines that make this process unique.
1. Package will go to highest bidder above stated LTV.
2. Sanitized tape available immediately to buyer or buyer’s rep only.
3. Bank rep will get on the phone with buyer only to discuss the process and pricing. You should find this [...]
Filed under: REO, real estate | Tagged: reo packages | 1 Comment »
Posted on January 17, 2009 by bobbauman
The following properties recently became available:
Denver – 18 properties
BPO: $25,122,062
Price: $10,500,000
42% LTV
Developer blowout. NCND, LOI/soft POF required
Source: Developer
New York City – 12-Story Building
BPO: $90,000,000
Price: $33,300,000
37% LTV
12 stories located in mid-town Manhattan. A number of improvements have been completed on this building, including the renovation of the lobby. The asking price is $45,000,000. [...]
Filed under: REO, commercial real estate, condos, real estate | Tagged: denver, New york city, REO | 1 Comment »