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Bank
and mortgage investors around the world are suffocating under an
avalanche of foreclosed homes across
America
.
Much as they'd like to be able to sell all of them the
conventional way -- list with a Realtor and accept offers from
eager buyers -- that is not reducing their inventories of unsold,
vacant and neglected properties.
While they wait for a buyer who will pay close to market value,
those homes continue to decline in value and pull their
neighborhoods down around them, with yards covered with weeds, at
the mercy of vandals, squatters and thieves.
The answer is often to package up huge numbers of properties and
sell them in bulk to deep-pocketed investors for subsequent resale
or rental.
As professionals specializing in this market, Apollo Capital is
able to negotiate deals with these sellers that benefit both
sides. We pay cash for all these properties and either renovate
and resell them to new homeowners, or to others who share our
dedication to renovation and sale to actual owner-occupants.
Bulk REO Buyers:
If you are an investor or company that wants access to this
massive inventory at reasonable prices, without tricks and huge
transaction costs, we offer our "purchase partner"
program.
As a purchase partner, you get your "order" for REO
homes combined with our own, so together we buy bigger packages
and enjoy higher discounts than either of us can achieve on our
own. Best of all, since you are buying in tandem with people who
"put their money where their mouths are," you can be
confident you are getting the best possible price.
Massive buying power has been the key to success of businesses
from Wal-Mart to the Ace Hardware chain of independent dealers.
The only requirements are that you have the cash to buy the same
way we do, and are committed to renovation, not merely
"flipping" the properties to some smaller investors
Bulk REO Sellers:
If you are an owner or asset manager with a large inventory of REO
properties -- especially if that includes substantial numbers in
Southern California -- please contact Apollo Capital's
property-acquisition team or ask for them at 866-439-8032.
Although we have
a primary source for our REO inventory stream, we are willing to
work with sellers to help them cash-out their inventories -- or
even to take over management to maximize guaranteed returns to the
seller. For details on our asset-management services for large
holders of REO properties, please
contact
our CEO directly or ask
for him at 866-439-8032.
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