ATTENTION REO AGENTS & General Contractors located in Alabama, California, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Mississippi, New Jersey, North Carolina, Ohio, Oklahoma, Pennsylvania, South Dakota, Tennessee, Texas, Virginia, West Virginia, …even Puerto Rico – yes Puerto Rico. Apply to Olympus REO. Click link below to apply.
Some of our network friends are reporting new assets in these states.
Also, according to Daren Blomquist, VP at RealtyTrac, “[F]oreclosures are continuing to hobble the U.S. housing market as lenders finally seize properties that started the process a year or two ago — and much longer in some cases,”
In November, 59,134 properties became bank repossession, or REOs, an increase of 11 percent from October and 5 percent from a year ago.
Twenty-nine states and the District of Columbia saw yearly increases in REO activity, with significant increases seen in Indiana, Arkansas, and Missouri. Among the metros with the highest foreclosure rates, seven of the top 10 metros were in Florida and the remaining three were in California. [READ MORE Story by Esther Cho DSNews]
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