Naples Bulk sales, Debt and Bank REO

We are a company directly in touch with FDIC, local banks, builders and other Debt/ OREO sellers. To include 1st position senior debt, Pre- foreclosure sales from the Court steps to the bank direct to you. we broker these opportunistic deals direct to you.
This blog announcement is to give SEC qualified type of buyers a notice and opportunity for qualified buyers to acquire a substantial portfolios of discounted Notes/REO properties at one time or commercial assets as debt or OREO. High end Luxury Jumbo loans/ REO homes or condos on the beach as well.

Mike Rivera,
Ferrer & Associates,LLC

Wednesday, May 4, 2011

New 5 Unit 3+2 townhome Bulk sale southwest fl,Bonita Springs

3 unit Bulk sale OREO bank owned at Bonita Springs, FL 34135 with 2 available approved shorts in the same building an HOA. you would own the HOA for the 5 units.

3 units only $267,000

Value $135,000 each approximate Bank asking $89k each

Townehouse Community

Beds 3 /3 baths
Living Area 1469
Price/Sq Ft $61.20

BANK OWNED & READY TO BE SOLD! The units is located in a quiet neighborhood close to I75 and US41 that provides easy access to Bonita Beach, Naples and Fort Myers. The townhouse is in fantastic condition which feature 3 bedrooms, 2.5 bathrooms, 1 attached car garage with lake views. All the bedrooms are located on the second floor. The kitchen features raised panel cabinets, and solid counter tops. Kitchen over looks the living room. There is tile flooring in the main living quarters and carpet in the bedrooms. As you walk into the Master bathroom you will notice the dual sinks, separate tub and walk-in shower. This property will not last long, this will be gone tomorrow! BANK OWNED & READY TO BE SOLD

bulk condo units, block condo units, investments (in location), vulture funds
in FL, Miami Metro Area, FL, Naples Metro Area, FL, Palm Beach Metro Area
, sarasota fl

Bulk REO - Bulk REO's are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. These properties can be purchased at a fraction of the cost. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations. Bulk REO investing can be extremely profitable. Bulk REO's are affordable-with prices below MLS listings, below BPO, cheaper than private sellers, cheaper than auctions at the courthouse, and at a fraction of any approved short sale price. This is an opportunity unlike any other. Bulk REO requires at least $1M cash investment with proof of funds.
We do not work with other brokers prices and cheap and low and so are fees. not enogh to go around. If you are a resale broker and not looking to make a commission on the buy side. Then we can work together

1 comment:

  1. Great Post! It's very nice to read this info from someone that actually knows what they are talking about.
    REO Properties Florida