Friday, November 28, 2008

Wholesale Properties

Thanks you for reaching blog. Our list of Wholesale Properties and Wholesale Real Estate has moved to it's own database here is the link (www.zitrof-wholesaleproperties.com). The new site houses a database of wholesale, rehab houses, Bank Owned Properties and other great real estate deals. The new site does not charge to list these properties, and you don't need to sign in or create an account to browse the properties for sale. There is nothing for sale other than Great Real Estate deals - It's FREE to list your property, and FREE to browse the properties.


If you found this page by random accident and don't know what a "Wholesale Property" is, here is the quick run-down.


Wholesale Real Estate are properties that have considerable equity available to the buyer, basically sold under priced.


Generally wholesale properties are real estate that has been purchased by an investor (or locked down) and are being resold. Most of the time these properties were purchased as distressed properties or in a bulk real estate package.


Rehab Houses and pretty much properties that require some repairs. There are several reasons why these properties are sold at discount prices. Most Lenders will not finance properties that need substantial repairs, unless you are using a Hard Money Lender. Generally if the rehab property requires roof repairs, suffers from mold damage or termite damage, your typical bank will not finance, therefore the property is sold at a discount price for a real estate investor to purchase and make the repairs.


Bank Owned Properties are real estate that has been foreclosed by the lender, and now sold as an REO property. Most of the properties have been listed for sale by the asset manager, working for the bank. These properties are also great values, but might need some cosmetics repairs. Normally these properties can be financed using FHA, VA, or conventional mortgage loans.


Start Searching Wholesale Real Estate by selecting the appropriate State.

Alabama,
Alaska,
Arizona,
Arkansas,
California,
Colorado,
Connecticut,
Delaware,
Florida,
Georgia,
Hawaii,
Idaho,
Illinois,
Indiana,
Iowa,
Kansas,
Kentucky,
Louisiana,
Maine,
Maryland,
Massachusetts,
Michigan,
Minnesota,
Mississippi,
Missouri,
Montana,
Nebraska,
Nevada,
New Hampshire,
New Jersey,
New Mexico,
New York,
North Carolina,
North Dakota,
Ohio,
Oklahoma,
Oregon,
Pennsylvania,
Rhode Island,
South Carolina,
South Dakota,
Tennessee,
Texas,
Utah,
Vermont,
Virginia,
Washington,
West Virginia,
Wisconsin,
Wyoming,

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