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Within the distressed category, REO sales accounted for 6.4 percent and short sales made up 3.5 percent of total home sales in May 2015. The REO sales share was the lowest since October 2007 when it was 6 percent. The short sales share fell below 4 percent in mid-2014 and has remained stable since then.
(2) May substantially impede his/her ability to live independently; and (3) Is of such a nature that his/her ability to live independently could be improved by more suitable housing conditions. Room Lay Out, Design and Special Amenities.
Win Win Revolution with Author Bill Bymel.
Where we make our money is on the arbitrage that we create by buying in a state that should have a two-year timeline.
Many are simply changing methodology in order to continue to seek yield and have expanded their acquisition strategies to include purchasing bulks of rental properties from other aggregators, and moving the model ‘upstream’ by acquiring non-performing loan (NPL) portfolios with the end game of servicing through the loans to capture the REO.
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Joining the podcast today to discuss NPL & real estate opportunities is Alex Goldovsky, Founder and CEO of ProTitle USA.
home sales in May 2015. The REO sales.