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Forums » Bulk REO Discussion and REO Dealmaking » Suburban Detroit, prefer bulk deals.

Suburban Detroit, prefer bulk deals. Subscribe to Suburban Detroit, prefer bulk deals.

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Real Estate Consultant · Southfield, Michigan


Seeking residential REO or land bank property in southeast Michigan (suburban Detroit). Will consider all packages.


BiggerPockets Founder · Denver, Colorado


Post moved to Bulk REO forum.

Small_bplogo20aJoshua Dorkin, BiggerPockets, Inc.
E-Mail: webmaster@biggerpockets.com
Telephone: 877-831-4704
Website: http://www.biggerpockets.com
Be sure to check out the BiggerPockets Blog at http://www.BiggerPockets.com/renewsblog/


Real Estate Investor · Marietta, Georgia


Are you looking for only Detroit? I can definitely help you with that... Feel free to give me a call at (removed).

What dollar amount are you looking to spend?
Also please read the details on my site at (removed)


Residential Real Estate Agent · Circleville, Ohio


I've got a guy that's got plenty of Detroit properties.


Real Estate Investor · Marietta, Georgia


1/2 the properties on the last few "nationwide" tapes we moved were MI (Heavy Detroit) and OH (Heavy Cleveland)


Real Estate Consultant · Houston, Texas


My client has packages nationwide. If you can send me an email with some information as to the cap amount I can send you how our protocol works and you can let me know whether you would like to continue.


Real Estate Investor · Marietta, Georgia


Ron,

I just sent you a message, I have an active tape that is mostly Detroit MI. - the bidder has walked away from the final bid due to the heavy concentration of Detroit Properties.

Please let me know if you are interested..

Thanks,
George

CITY ST ZIP OFFER
DETROIT MI 48234 $1,700.00
Detroit MI 48223 $1,700.00
Detroit MI 48224 $2,300.00
DETROIT MI 48215 $1,700.00
Detroit MI 48210 $1,700.00
DETROIT MI 48205 $1,700.00
DETROIT MI 48234 $1,700.00
Benton Harbor MI 49022 $2,300.00
Detroit MI 48213 $1,700.00
Detroit MI 48205 $1,700.00
Detroit MI 48206 $1,700.00
Detroit MI 48227 $1,700.00
Detroit MI 48227 $1,700.00
Detroit MI 48206 $1,700.00
Detroit MI 48205 $1,700.00
Detroit MI 48205 $1,700.00
Detroit MI 48203 $1,700.00
Detroit MI 48214 $1,700.00
Detroit MI 48204 $1,700.00
Detroit MI 48224 $1,700.00
Detroit MI 48206 $1,700.00
Detroit MI 48206 $1,700.00
Detroit MI 48204 $1,700.00
DETROIT MI 48205 $1,700.00
Detroit MI 48205 $1,700.00
Detroit MI 48223 $1,700.00
DETROIT MI 48238 $1,700.00
Detroit MI 48227 $1,700.00
Detroit MI 48214 $1,700.00
Detroit MI 48234 $1,700.00
Detroit MI 48205 $1,700.00
DETROIT MI 48238 $1,700.00
DETROIT MI 48202 $1,700.00
DETROIT MI 48204 $1,700.00
DETROIT MI 48204 $1,700.00
DETROIT MI 48212 $1,700.00
DETROIT MI 48213 $1,700.00
DETROIT MI 48213 $1,700.00
DETROIT MI 48213 $1,700.00
DETROIT MI 48215 $1,700.00
DETROIT MI 48215 $1,700.00
DETROIT MI 48224 $1,700.00
DETROIT MI 48228 $1,700.00
DETROIT MI 48234 $1,700.00
DETROIT MI 48228 $1,700.00
DETROIT MI 48228 $1,700.00
DETROIT MI 48210 $1,700.00
DETROIT MI 48228 $1,700.00
DETROIT MI 48238 $1,700.00
Flint MI 48505 $1,700.00
Pontiac MI 48340 $1,700.00
REDFORD MI 48240 $1,700.00
Saginaw MI 48602 $1,700.00
KANSASCITY MO 64128 $2,300.00
SAINTLOUIS MO 63118 $4,600.00
St.Louis MO 63113 $1,700.00
AKRON OH 44307 $1,700.00
CLEVELAND OH 44108 $1,700.00
CLEVELAND OH 44112 $1,700.00
CLEVELAND OH 44128 $1,700.00
CLEVELAND OH 44105 $1,700.00
CLEVELAND OH 44108 $1,700.00
CLEVELAND OH 48205 $1,700.00
CLEVELAND OH 44103 $1,700.00
CLEVELAND OH 44108 $1,700.00
Toledo OH 43605 $1,700.00
Toledo OH 43608 $1,700.00
Youngstown OH 44504 $1,700.00
MEMPHIS TN 38109 $3,400.00
MEMPHIS TN 38106 $3,400.00
NATHALIE VA 24577 $1,700.00
TOWNLEY AL 35587 $1,700.00
ATLANTA GA 30318 $2,300.00
COLLEGE PARK GA 30349 $2,300.00
WATERLOO IA 50703 $2,300.00
Chicago IL 60636 $2,300.00
Gary IN 46404 $2,300.00
INDIANAPOLIS IN 46201 $3,400.00
KANSAS CITY KS 64138 $2,300.00
CLEVELAND OH 44108 $1,700.00

80 property price $124,400.00

Commission $20,000.00
Total Price $144,400.00

Originally posted by Ron Jasgur
Seeking residential REO or land bank property in southeast Michigan (suburban Detroit). Will consider all packages.



Real Estate Investor · New York , New York


SOUTHFIELD MI 48034 $18,900.00
DETROIT MI 48205 $3,900.00
DETROIT MI 48206 $3,900.00
DETROIT MI 48210 $3,900.00
DETROIT MI 48209 $4,900.00
DETROIT MI 48213 $5,000.00
BATTLE CREEK MI 49017 $4,500.00
DETROIT MI 48206 $5,700.00
DETROIT MI 48215 $6,900.00
DETROIT MI 48219 $6,900.00
DETROIT MI 48205 $7,500.00
DETROIT MI 48205 $7,500.00
DETROIT MI 48212 $7,500.00
DETROIT MI 48203 $7,900.00
DETROIT MI 48204 $7,900.00
DETROIT MI 48205 $7,900.00
DETROIT MI 48205 $7,900.00
DETROIT MI 48213 $7,900.00
DETROIT MI 48219 $7,950.00
DETROIT MI 48205 $8,500.00
PONTIAC MI 48341 $7,500.00
DETROIT MI 48204 $9,495.00
DETROIT MI 48213 $9,500.00
DETROIT MI 48219 $9,600.00
DETROIT MI 48204 $10,000.00
WARREN MI 48089 $8,900.00
PONTIAC MI 48342 $9,900.00
KALAMAZOO MI 49007 $9,900.00
BENTON HARBOR MI 49022 $9,950.00
MELVINDALE MI 48122 $10,500.00
WESTLAND MI 48186 $10,900.00
KALAMAZOO MI 49007 $10,900.00
DETROIT MI 48206 $15,900.00
BENTON HARBOR MI 49022 $15,500.00
TAYLOR MI 48180 $17,500.00
WARREN MI 48089 $17,900.00
MELVINDALE MI 48122 $19,900.00
DEARBORN HEIGHTS MI 48125 $19,900.00
HOLLY MI 48442 $22,500.00
REDFORD MI 48240 $24,900.00
WEIDMAN MI 48893 $24,900.00
Detroit MI 48207 $9,900.00

Im looking for 55¢ on the dollar if you buy the entire package ... I Can part them. Everything is negotiable, Im the direct seller with deeds in hand. Selling all via Quit Claim Deeds


Real Estate Investor · Columbiaville, Michigan


Can I ask a quick question? Why via Quit Claim deed? Also, I noticed earlier someone posted one price for QCDs and one for WDs. Were you given Covenant, Corporate, or Warranty Deeds from the banks or Quit Claim Deeds? What assurances, short of us ordering our own title work on each house do we have that title is clean and foreclosure process was followed properly?

Thanks in advance!


Real Estate Investor · New York , New York


Steve they were purchased from the bank via Quit Claim and that's why I'm selling them the same way. I ask any buyer of my homes to do their due diligence before we go into contract. Whether its a single home or a bulk deal, its on the buyer. I will tell you that the package above is all from the same financial institution and so far have sold 90 homes from the package without any problem as far as them having a mortgage on them. They do occasionally have back taxes or water bills etc.

I will NOT guarantee anything on any home so I guess the answer Steve is, short of you doing your own title work with a Quit Claim Deed I cant guarantee a tax-free, violation free , etc title.

I work hand in hand with a national title company for all my deed and closing work, I can arrange an "all warranty deed" deal for a premium but prefer not to be busy with it and just sell it for cheaper via Quit Claim.


Real Estate Investor · Lakewood, Colorado


Have package with 150 Detroit properties @ $1,200 each. Minimum purchase is 30. Must have proof of funds to receive list. Buyer will receive deeds in 3-4 weeks.


Rehabber · Santa Clarita, California


80 property price $124,400.00

Commission $20,000.00
Total Price $144,400.00


Perhaps I should get into marketing REO tapes on the internet. 16% commissions!!!! You have got to be joking.
Is it really that easy?!?!?!?!

Small_barnardenterprisesWill Barnard, Barnard Enterprises, Inc.
E-Mail: info@barnardenterprises.com
Website: http://www.barnardenterprises.com
info@barnardenterprises.com


Real Estate Consultant · Southfield, Michigan


I suppose I should have been clearer in my OP. SUBURBAN means properties outside of Detroit. I am happy to present any Detroit tapes to other investors we know locally, but WE purchase suburban property ourselves. If your tapes contain DETROIT as city name, we have no interest. Sorry.


Real Estate Consultant · Little Town, Oklahoma


Morning Ron,

Hope all is well in MI....give me a shout some day soon and I'll take a look see if MI is on any of my radars,

How'd the intro at National City fare?


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