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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: FANNIE MAE and FREDDIE MAC Bulk Sales Info Posted by G.O. on June 07, 2010 at 12:15 AM In Reply to: Re: FANNIE MAE and FREDDIE MAC Bulk Sales Info posted by swanca on June 07, 2010 at 8:16 AM Thank you for reply. So this is for REOs only. I was hoping they deal with the Fannie and Freddie loans that are in default but haven't been foreclosed yet. : They sell in bulk to approved buyers. Bulk is a minimum of 6 properties. They are properties that Fannie and Freddie have already taken back (REO). : The properties can be any where in the USA. We were on a wild goose chase all over California. The majority of the props will be listed with realtors, so it's a : real game. The best ones go quickly and are yanked off the list. If you have a repair team that can travel, you might be able to score some good deals. : The first step is to make the contact with Freddie and Fannie as per the contact info I provided, then complete your paperwork, the process takes about 4 to 6 weeks. : You must have a minimum of 1.5 million to work with. You can be represented by a Realtor or an attorney, etc. : Good Luck. : Again, thanks Ward for this Forum. : Swan Follow Ups: Re: FANNIE MAE and FREDDIE MAC Bulk Sales Info TOM BEDI 12:08 AM, 08/30/10 (0) Re: FANNIE MAE and FREDDIE MAC Bulk Sales Info SwanAFF 9:06 AM, 07/08/10 (0) Freddie Mac UPDATE 6.23.10 Swan 3:32 PM, 06/23/10 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Thank you for reply. So this is for REOs only. I was hoping they deal with the Fannie and Freddie loans that are in default but haven't been foreclosed yet. : : They sell in bulk to approved buyers. Bulk is a minimum of 6 properties. They are properties that Fannie and Freddie have already taken back (REO). : : The properties can be any where in the USA. We were on a wild goose chase all over California. The majority of the props will be listed with realtors, so it's a : : real game. The best ones go quickly and are yanked off the list. If you have a repair team that can travel, you might be able to score some good deals. : : The first step is to make the contact with Freddie and Fannie as per the contact info I provided, then complete your paperwork, the process takes about 4 to 6 weeks. : : You must have a minimum of 1.5 million to work with. You can be represented by a Realtor or an attorney, etc. : : Good Luck. : : Again, thanks Ward for this Forum. : : Swan [ 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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