Crisis Proof Investments

Crisis Proof Timberland Investments Crisis Proof Investments

 REO Properties: Real Estate Owned Properties are single family, multifamily, lots and condos that have been foreclosed upon and taken back as assets by the bank. These properties are offered with substantial discounts. These properties are available in many areas and in various conditions, ranging from satisfactory to very poor.

If a lender takes ownership of a property, either through an agreement with the owner during pre-foreclosure or at public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair.

One of the primary advantages of buying a bank-owned REO property is that investors are purchasing a property without liens or other encumbrances. Before lenders make REO Timberland Properties available for sale, they typically expunge all liens or claims against the property. Any cloud on the title a second or third mortgage, mechanics liens, taxes or any other liens attached by creditors are wiped out.

What are the advantages of buying bank-owned properties or REO homes?
For real estate investors and homebuyers, bank-owned properties and REOs offer opportunities that are not available in the pre-foreclosure and auction phase of the foreclosure process. Buying bank-owned real estate offers the foreclosure buyer many advantages:
Bank-owned properties are usually sold at below-market prices with great terms like low down payments and low interest rates.

Buying bank-owned properties involves less risk and less competition.

Foreclosures that are owned by banks are usually clear of any liens that may have been recorded against the property.

Since the seller of REO homes is also the lender, you can negotiate with the bank to have them pay for all or some of the closing costs.

Bank-owned properties are usually vacant because the banks have evicted the previous owner, saving the investor or homebuyer time, money and emotional toll involved in the eviction process.
Please contact me if you have interest in these types of properties.

1. Timberland Investments

2. Self Storage Facilities

3. Fractional Ownership Properties

4. REO Properties

Timberland Investments