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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Why isn't foreclosure "big corporate business"? Posted by Sean Wagle on March 17, 2002 at 11:44 PM I've never heard of firms in the foreclosure/fixup game which are analagous to CarMax, AutoUSA, Ugly Duckling in the auto auction game. Is there something about foreclosuring which limits the effective size of the business model? Or is it the opposite? That there are representatives of "big" foreclose-and-repair firms at most courthouse auctions? I would guess the smaller bidders resent these types if they exist; they'd have deeper pockets and drive up the bidding. It just seems logical to me that "if there's money to be made in foreclosures" that there would be established players in it, who have scaled up to a statewide, or nation-wide scale. Follow Ups: Re: In one sense, it is. Jim V 5:23 PM, 03/18/02 (2) Re: In one sense, it is. JD 6:47 PM, 03/22/02 (1) Re: In one sense, it is. Jim V 10:48 PM, 03/22/02 (0) Scaled up to multiple county size here in CA. Ward-CA- 7:10 AM, 03/18/02 (2) hoodia Harry Juna 11:02 PM, 02/03/05 (0) Re: Scaled up to multiple county size here in CA. Shirley Karinski 6:08 PM, 03/18/02 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I've never heard of firms in the foreclosure/fixup game which are analagous to CarMax, AutoUSA, Ugly Duckling in the auto auction game. Is there something about foreclosuring which limits the effective size of the business model? : Or is it the opposite? That there are representatives of "big" foreclose-and-repair firms at most courthouse auctions? I would guess the smaller bidders resent these types if they exist; they'd have deeper pockets and drive up the bidding. : It just seems logical to me that "if there's money to be made in foreclosures" that there would be established players in it, who have scaled up to a statewide, or nation-wide scale. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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