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Ward

Posted by Ron on September 19, 2001 at 6:24 PM

In Reply to: Re: Thanks Ron,... posted by Ward-CA- on September 19, 2001 at 12:45 AM

: Ron, you heard right. The fellow I was referencing is Gregg Metcalf, my first foreclosure trainee. He’s based in Orange County but now buys foreclosures in five counties (Orange, Riverside, San Bernardino, Los Angeles and Santa Barbara). And his annual production of 300 buys at the trustee’s sales is a current phenomenon, not something he did in the past.

_______________________________

Ward,

I must be missing something. How is he doing 300 deals a year at the courthouse steps when amateurs are bidding up most properties to 80% FMV? I presume he's no dumb cluck and doing the same. What's he doing to find so many deals that make financial sense?



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