More than a dozen bulk packages of residential REOs have been released by Fannie Mae for the first time in a while and are available for bid. They are broken down by region and buyers who submit bids by end of business June 10, 2009, will be eligible. A complete list and protocol is available to buyers and their direct representatives.
Also available, in a straight purchase, without bidding, are nationwide packages of residential REOs in the range of $2M – $5M, through private sellers. Full tape is available for qualified buyers.
Buyer will be responsible for due diligence in both cases. All offers submitted by end of business June 10, 2009, will be considered. Packages will not be broken up to sell individual properties.
Contace me at bobbaumandeals @ gmail.com with any questions or interest. Do this now, as there are only 2 days left.
Filed under: REO, real estate | Tagged: fannie mae, reo packages
