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Buying Foreclosures Headlines


Start with your best offer and consider bumping up the deposit - Sun-Sentinel


Start with your best offer and consider bumping up the deposit
Sun-Sentinel
"There's such demand from buyers," said Judy Trudel, a real estate agent for Balistreri Realty in Palm Beach and Broward counties. "Whatever foreclosures hit the market this year will be eaten up." The average sale price of a South Florida home in some ...

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Foreclosures Draw Private Equity as U.S. Selling 200000 Homes: Mortgages - Bloomberg


Bloomberg

Foreclosures Draw Private Equity as U.S. Selling 200000 Homes: Mortgages
Bloomberg
“We're starting to see this as a billion dollar opportunity to buy rental housing.” Creating more single-family rental properties is one of a series of programs introduced by President Barack Obama's administration aimed at reviving the housing market.

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Fannie Mae tries partnerships with investors to sell foreclosures - Sun-Sentinel


New York Times

Fannie Mae tries partnerships with investors to sell foreclosures
Sun-Sentinel
GTIS Partners, a New York-based investment company, and GI Partners, a private-equity fund in Menlo Park, California, each announced plans in January to spend $1 billion on bulk-buying foreclosed homes as rentals. GTIS wants to invest in Arizona, ...
Your Next Landlord Might Be a Buyout FundBusinessWeek

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Investing in Foreclosures: How One Company Does It - MarketWatch


Investing in Foreclosures: How One Company Does It
MarketWatch
Buying foreclosures to turn them into rental properties is tricky business. Mack Companies, a Chicago real-estate firm, invests in about one out of every 40 homes it inspects. MarketWatch's Amy Hoak looks at why some make the cut and others don't.

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Own Vs. Rent Riles Government Housing Policy - CNBC.com


Own Vs. Rent Riles Government Housing Policy
CNBC.com
That's why the federal regulator overseeing the two is launching a bulk sale program, offering investors the chance to buy foreclosed properties at a discount, as long as those investors turn the properties into viable rentals for a specified number of ...

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