Phoenix, Arizona (PRWEB) September 10, 2007
US Property Wholesalers and CutNDeals.com announced today their collaboration to form REO Disposition Specialists, LLC, a company designed to help investors take advantage of a new twist in real estate investing. REO Disposition Specialists, LLC specializes in syndicating REO sales to investors.
The news is inescapable: the real estate market has taken a major hit. From declining property values and surplus inventory to liquidity problems and rising foreclosure rates, the real estate market looks nothing like it did at its peak two years ago.
And while many investors have fled the market, some savvy investors are capitalizing on the unique opportunities that this market presents. REO Disposition Specialists, LLC is designed to help investors take advantage of this new twist in real estate investing.
REO Disposition Specialists, LLC was recently formed by US Property Wholesalers and CutNDeals.com - two nationally recognized companies that specialize in selling investment properties to major investors.
REO stands for "Real Estate Owned" - it's terminology used in the real estate and banking industries to refer to properties that have been foreclosed by the bank. Foreclosed real estate owned by the bank often must be liquidated at a loss.
REO Disposition Specialists, LLC specializes in syndicating these types of real estate liquidations to investors. The company has positioned itself to be the leading acquisition and disposition company dealing in the non-performing asset market. Through their strong relationship with lending institutions they are able to tailor REO investment packages for high net worth and institutional clients.
"We've all heard about foreclosure rates being at all-time highs. For the investor, that means major opportunities to buy real estate at pennies on the dollar," says James Guajardo, Managing Partner of REO Disposition Specialists, LLC. REO Disposition Specialists, LLC offers investors access to those opportunities.
Nick Lynum, CEO of US Property Wholesalers says that normally there is a $10 million minimum purchase for REO investments. "It's not just anyone who can deal with the banks that own REO properties," Lynum says. "Banks are strictly regulated in terms of who they can sell REO properties to. Our longstanding relationship with these institutions gives us access that the individual investor simply doesn't have."
For more information on the acquisition or disposition of REO packages through REO Disposition Specialists, LLC, visit their website at http://www.REODispositionSpecialists.com or call toll-free 1-800-USA-LAND (1-800-872-5263).