Archive for the ‘email’ tag
Head Bulk
What Is The State Of The Bank Bulk Reo Market In 2010
Let’s get something straight to start with. There is NO HIDDEN or Shadow Inventory of Distressed Assets.
I know many of you keep hearing that the second wave of foreclosures is coming. You could be thinking that because you are having difficulty in obtaining large bulk reo tapes, that the Banks must be holding or hoarding houses back from the market or that perhaps they are about to flood the market with thousands of properties.
We’ve been hearing that from many people for over a year now. I have never bought into it, because as I have always stated, is that the market can handle more inventory than most would think There is so much pent up demand it’s crazy.
The assumption that I have never challenged, until now, is that these foreclosures EVEN EXIST! Take a look at the latest numbers crunched at Foreclosure Radar.
I don’t know how you can argue with the data, the sales volume has been so great it is outpacing the numbers of foreclosures hitting the market. We have been saying that for over a year!
It is important to point out that there are massive numbers of defaults and foreclosure sales that are “hung up”. It’s an absolutely huge number of houses, but still, there’s not one person I’ve spoke to that did not believe that there are masses of foreclosures post sale that were sitting inactive that are not even being placed on the market.
The crazy thing is that every investor buyer wants to believe that they can purchase bulk these single family residential (SFR) tapes in CA, NV, AZ at 50-70 cents on the dollar. These investors are so motivated at the prospect that they are willing to treasure hunt for inventory that does NOT exist.
The reality is that our company is calling the banks every single day and I can tell you from our experience that nothing exists in CA, AZ, NV in bulk SFR tapes at discount prices (we have strong relationships with almost all the mid sized institutions).
The banks at best only have 1-5 REO properties at a time and they are unloading those via Realtors and brokers at NO discount. Asset managers are telling us that most of their bank owned properties are actually selling at full market value without any need to discount! The markets are moving in these states!
The inventory in the Southwest has dried up and the demand is obviously heading east across the Midwest. I can tell you that demand FAR exceeds supply so we only expect bulk SFR tapes in the Midwest and east to last another 12-24 months. The inventory that is available will NEVER be cheaper than it is now.
I am sure many of you have seen large, pennies on the dollar California Single Family Residential “tapes” flying around the internet, but I can assure you that it is NOT authentic product.
Many buyers are frustrated that they can’t find anything and it’s simply because it’s GONE. Anyone telling you that they have $200M – $1B in bulk single family homes at thirty (30) cents on the dollar is a joker or a part of a daisy chain of jokers….
So, check out the bulk market for yourself – the implications are huge for savvy investors! The Midwest is a market we are promoting because of the stock availability at low prices. Investors who are waiting to buy may really, really miss the boat. Available inventory has never been sold at such low prices. Waiting may be harmful to your wealth!
About the Author
Duncan Wierman is one of the founding members of “Bank REO Property Deals. His company is connecting sellers of verifiable” product with qualified buyers. If you are interested in learning more about Bulk REO investing, this site also contains great information about how to started and offers fabulous mini bulk reo packages Visit:
http://www.BankREOPropertyDeals.com
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20 STEEL FLAT BED DUMP BODY WITH 60″ BULK HEAD COMPLETE $4,500.00 |
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GENUINE SCHERER 8′ X 12′ STAKE RACK WITH BULK HEAD $1,777.50 |
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QTY 19 GUMBALL CANDY BULK VENDING MACHINES (HEADS) 2 STANDS AND KEYS – NIB $900.00 |
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Cessna 182 Engine Spinner and Bulk Head $750.00 |
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NEW 2012 FORD ESCAPE FOCUS BULK LOCKSMITH LOT UNCUT COMBO REMOTE HEAD KEYS x10 $639.95 |
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OAK BULK VENDING RACK 10 HEADS WITH STAND $595.00 |
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Hummer H1 Cargo Divider/Bulk Head/Load Barrier Tan $550.00 |
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SILVER KING REFRIGERATED BULK MILK DISPENSOR 2 HEAD SK2 $500.00 |
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3000GT Stealth Bulk LOT over 100 stock DOHC camshaft PULLEYS gears head engine $450.00 |
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SILVER KING REFRIGERATED BULK MILK DISPENSOR 2 HEAD SK2• NEW NO BOX $449.99 |
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1003 STYLE FACTORY PERFORMANCE SBC HEAD GASKETS 10 PAIR SMALL BLOCK CHEVY BULK $399.99 |
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1010 STYLE FACTORY PERFORMANCE SBC HEAD GASKET LOT OF 10 PAIR CHEVY BULK 350 $399.99 |
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1011-1 style FACTORY PERFORMANCE SBF HEAD GASKETS 10 PAIR 302 351W 347 408 BULK $399.99 |
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1013 style FACTORY PERFORMANCE SBF 351 C M BOSS CJ 400 HEAD GASKETS 10 PAIR BULK $399.99 |
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1014 STYLE FACTORY PERFORMANCE SBC 400 W/ STEAM HOLES HEAD GASKET 10 PAIR BULK $399.99 |
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1017-1 STYLE FACTORY PERFORMANCE BBC HEAD GASKET 10 PAIR BIG BLOCK CHEVY BULK $399.99 |
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Gen 3 03 04 05 06 Dodge Viper Tweeter Panel Bulk Head $350.00 |
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05 Subaru STI body harness. Dash & front harness. Bulk head harness. $350.00 |
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MTP201-G128-B Seiko Printer Heads. New, bulk pack. LOT BUY of 30 pieces. $349.00 |
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CHASSIS BULK HEAD COOLER ARCTIC CAT POWDER SP 500 600 (WARE) $345.00 |
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Wholesale Lot Bulk 120 Small Brass Head Hammer 8″ $342.00 |
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Large Round Outdoor Bulk Head Wall or Ceiling Mounted Lantern with Visor 5178C $340.00 |
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Large Round Outdoor Bulk Head Wall or Ceiling Mounted Lantern with Visor 5178C $340.00 |
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Triple Head Pro Line Tough Pro LYPC Bulk Candy Vending Machine NEW NEW!! $339.00 |
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Large Round Outdoor Bulk Head Wall or Ceiling Mounted Lantern with Guard White $332.00 |
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Large Round Outdoor Bulk Head Wall or Ceiling Mounted Lantern with Guard White $332.00 |
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2010 + ford transit connect Bulk head divider $300.00 |
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09 Yamaha FX Nytro RTX Front Frame Bulk Head 54E $299.99 |
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09 Yamaha FX Nytro RTX Right Bulk Head Frame Housing Plate 55B $299.99 |
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03 SKI-DOO REV 600 800 MXZ 04 05 06 SKIDOO HO X E FRONT TUNNEL BULK HEAD FRAME $299.00 |
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WHOLESALE 576 TOTAL – 5-head laser pointers bulk – CLEARANCE LOT $295.00 |
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(10)M8020 DEC Module with BC26L-2F and Bulk Head Conn. $275.00 |
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Double Head Pro Line Tough Pro LYPC Bulk Candy Vending Machine NEW NEW!! $259.00 |
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SKIDOO MXZ 800 R E TEC 2010 XP BULK HEAD REAR SECTION WITH CHAIN CASE $250.00 |
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White RT Composite™ Trim™ Head Screw – Bulk 2 1/2″ Galvanized, Pressure Treated $239.99 |
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Teleflex Bulk Head Hose Kits 2 22′ HO8122 $229.99 |
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Teleflex Bulk Head Hose Kits 2 20′ HO8120 $221.99 |
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Teleflex Bulk Head Hose Kits 2 18′ HO8118 $210.99 |
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JEEP OEM SCRAMBLER BULKHEAD SR SL LAREDO RENEGADE CJ-8 BULK HEAD CJ -7 CJ8 CJ7 $210.00 |
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2007 yamaha phazer FX BULK HEAD FRAME CLUTCH SIDE $209.99 |
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REMO 14″ CS Batter Coated Snare Drum Head Skin Bulk Pack-10/Box bottom black dot $204.95 |
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REMO 14″ CS Batter Coated Snare Drum Head Skin Bulk Pack-10/Box bottom black dot $204.95 |
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REMO 14″ CS Batter Coated Snare Drum Head Skin Bulk Pack-10/Box bottom black dot $204.95 |
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{WC} BULK Lot of 500 FULL DATE Indian Head (Buffalo) Nickels $204.49 |
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DEC CK-DEMFA-AA / H3063-A / 70-27833-01 BULK HEAD ASSY $200.00 |
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Kulicke & Soffa Industries Inc. 01483-4027-000-02 Bulk Head J1-VidoBoard (5422) $199.99 |
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09 Yamaha FX Nytro RTX Left Bulk Head Frame Housing Plate 55B $199.99 |
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Teleflex Bulk Head Hose Kits 2 18′ HO8116 $199.99 |
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Harley Davidson 16769-73 head gasket BULK $199.99 |
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Lamp Light Antique Solid Brass 90 degree Bulk Head Nautical Home Decor Wall Bar $199.95 |
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ADC BNCBLK4829SPC BNC BULK HEAD PANEL. REFURBISHED $199.95 |
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Pro Bulk Vending Machine Double-Head – RED Candy & Gum $199.00 |
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REMO 14″ Ambassador Coated Snare Drum Head Skin Bulk Pack -10P/Box $189.95 |
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REMO 12″ Pinstripe Clear Tom/Snare Drum Head Skin Bulk Pack -10Pc/Box $189.95 |
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REMO 14″ Ambassador Coated Snare Drum Head Skin Bulk Pack -10P/Box $189.95 |
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REMO 12″ Pinstripe Clear Tom/Snare Drum Head Skin Bulk Pack -10Pc/Box $189.95 |
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REMO 14″ Ambassador Coated Snare Drum Head Skin Bulk Pack -10P/Box $189.95 |
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REMO 14″ Ambassador Coated Snare Drum Head Skin Bulk Pack -10P/Box $189.95 |
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REMO 12″ Pinstripe Clear Tom/Snare Drum Head Skin Bulk Pack -10Pc/Box $189.95 |
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925 Sterling Silver Ball End Head Pins Findings (All Sizes) Bulk Lots Wholesale $188.00 |
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NASCAR AUTO METER SENDING UNITS FUEL AND OIL WITH LINES AND BULK HEAD FITTING $185.00 |
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SAILBOAT AIRGUIDE BULK-HEAD MOUNT COMPASS $185.00 |
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Large Round Outdoor Bulk Head Wall or Ceiling Mounted Lantern with Visor 5178C $183.77 |
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Large Round Outdoor Bulk Head Wall or Ceiling Mounted Lantern with Visor 5178C $183.77 |
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Large Round Outdoor Bulk Head Wall or Ceiling Mounted Lantern with Guard White $180.00 |
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Large Round Outdoor Bulk Head Wall or Ceiling Mounted Lantern with Guard White $180.00 |
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Large Oval Outdoor Bulk Head Wall or Ceiling Mounted Lantern with Visor White $176.98 |
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Large Round Outdoor Bulk Head Wall or Ceiling Mounted Lantern with Guard White $176.00 |
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Large Round Outdoor Bulk Head Wall or Ceiling Mounted Lantern with Guard White $176.00 |
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Large Oval Outdoor Bulk Head Wall or Ceiling Mounted Lantern with Visor White $175.63 |
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Bulk lot of 672,Silk Flowers, Each has 80 glittered heads $175.00 |
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REMO 14″ Ambassador Snare Drum Head Skin Bulk Pack -10P/Box $169.95 |
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REMO 14″ Ambassador Snare Drum Head Skin Bulk Pack -10P/Box $169.95 |
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REMO 12″ Ambassador Coated Snare Drum Head Skin Bulk Pack-10Pc/Box $169.95 |
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REMO 14″ Ambassador Snare Drum Head Skin Bulk Pack -10P/Box $169.95 |
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REMO 12″ Ambassador Coated Snare Drum Head Skin Bulk Pack-10Pc/Box $169.95 |
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REMO 14″ Ambassador Snare Drum Head Skin Bulk Pack -10P/Box $169.95 |
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Seaga TV3000 Bulk Gum, Candy, Nuts, Balls, 3 Head Vending Machine .25 price only $169.00 |
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{HD} BULK Lot of 484 FULL DATE Indian Head (Buffalo) Nickels (#4) $162.79 |
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Wholesale Lots 12 Piece Bulk Girls Women’s Big Skull Head Soft Long Shawl scarf $159.99 |
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925 Sterling Silver Ball End Head Pins Findings (All Sizes) Bulk Lots Wholesale $159.90 |
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Single Head Pro Line Tough Pro LYPC Bulk Candy Vending Machine NEW NEW!! $159.00 |
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Large Oval Aluminum Outdoor Bulk Head Wall or Ceiling Mounted Lantern White $156.00 |
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Bulk lot of 252, 12 head Laser Pointers, (yellow only) $155.00 |
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AlliSport Aluminium Bulk Head Mount Fuel Tank 1.5 Gal $151.75 |
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Dodge Viper Gen 3 (03 04 05 06) Bulk Head Damage OEM $150.00 |
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Bulk Case Lot of 288 amazing – 5 head laser pointers! $150.00 |
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Bulk lot of 100, 42 Head Laserpointer $150.00 |
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Bulk Case Lot of 288 amazing – 5 head laser pointers! $150.00 |
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100X BULK LATEX FRANGIPANI WEDDING FLOWER PLUMERIA HEAD $147.95 |
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Equinox EO FEMALE BULK HEAD (For Housing) $149.00 |
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925 Sterling Silver Ball End Head Pins Findings (All Sizes) Bulk Lots Wholesale $148.00 |
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925 Sterling Silver Ball End Head Pins Findings (All Sizes) Bulk Lots Wholesale $148.00 |
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925 Sterling Silver Ball End Head Pins Findings (All Sizes) Bulk Lots Wholesale $139.50 |
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144 Units of Head Massager New Bulk Wholesale Lots $138.98 |
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250 Units of Round Head Pearl White Corsage Pin New Bulk Wholesale Lots $137.94 |
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3000GT Stealth 30+ BULBS hologen projection headlights head lights 94+ BULK LOT $135.00 |
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2006 Yamaha Nytro ER upper bulk head bulkhead rx1 vector rage warrior $134.99 |
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Large Oval Outdoor Bulk Head Wall or Ceiling Mounted Lantern with Visor White $134.91 |
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Large Oval Outdoor Bulk Head Wall or Ceiling Mounted Lantern with Visor White $134.91 |
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iSi 2248 Soda Siphon, Brushed Aluminum $49.97 Don’t like the taste of tap water? Enjoy ice cream sodas? Want your children to drink more healthful sodas? How about a perfectly made, refreshing wine spritzer? Our iSi soda siphon has the secret to all that and more . . . bottled just for you. Choose one of our classic models in a beautiful brushed metal and it will add a splash of sparkle whenever you squeeze its handle. Makes a great party mix… |
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1/2 Weldless Bulkhead w/ Stainless Steel valve $36.99 Complete kit includes a Weldless bulkhead assembly to convert any kettle without welding, Standard 2 piece full port valve, and 1/2″ hose barb. All fittings are 304 stainless steel, 1/2″ NPT thread. Seals are all high temp silicone…. |
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3 Head Pole Condiment Sauce Squeeze Bottle Dispenser ketchup, 12 oz $5.78 Makes adding condiments, sauces or decorating in the kitchen a quick and clean process. Ideal for Sauce, Oil, Vinegar, Ketchup, Mustard, Mayonnaise, Dispenser, Salad cream Bulk order, please contact me for discount…. |
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Life of Riley: My Head Is Made Up (Old Time Radio) $22.71 William Bendix is back as Brooklyn expatriate and aircraft riveter Chester A. Riley. This well-meaning, if lunk-headed, family man is fiercely loyal, profoundly loving, and impossibly stubborn. Riley struggles to get ahead at work, struggles to be a role model for his son, struggles to read the tea leaves of his daughter’s love lifeâ¦all while his wife Peg (Paula Winslowe) struggles to talk s… |
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And Besides… $14.97 Ned’s Atomic Dustbin – “And Besides…”. Japanese Import. B-Sides Collection. Limited Collector’s Edition. Released on February 1, 1992. Rare Recording, Rare Edition. Tracklist: 1. Aim; 2. Plug Me In; 3. Terminally Groovie; 4. That’s Nice; 5. Sentence; 6. Kill Your Remix; 7. Flexible Head; 8. Bite; 9. Twenty Three Hour Toothache; 10. Forty Five Second Blunder; 11. Faceless; 12. Titch…. |
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Their Greatest Hits and Finest Performances $9.94 Styles may come and go but the natural musical style of the incomparable Mills Brothers never loses its appeal. Small town boys from Ohio, they took the lively vigor of New Orleans jazz, added the danceable beat of “Swing” and the close harmony of barbershop quartets to create a unique warmth and magic that many groups have tried to imitate but never equalled! Enjoy 60 original recordings and live… |
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Aha 1-6 Tape Set Su NTSC VD [VHS] $159.95 %D%r. Acland’s remarkable and beautifully produced video anatomy atlas now includes a new tape on the internal organs, in addition to the highly acclaimed presentations on the upper extremity, the lower extremity, the trunk, and the head and neck. The tapes show true images of real, exquisitely dikssected human anatomical specimens, %”in three dimensions.% As the camera moves from one viewpoint to… |