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Updated over 13 years ago on . Most recent reply

Matt Nelson's profile image
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Matt Nelson
  • Real Estate Investor
  • from houston, tx
  • Member since Jan 3, 2011
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Matt Nelson's profile image
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Matt Nelson
  • Real Estate Investor
  • from houston, tx
  • Member since Jan 3, 2011
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Matt Nelson
  • Real Estate Investor
  • houston, tx
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Foreclosures

Government Set to Sell Foreclosures in Bulk

Matt Nelson
  • Real Estate Investor
  • houston, tx
Posted

I heard a rumor in early december that something like this was going to come out. Does anyone have any more details? What have people heard about this?

http://finance.yahoo.com/news/government-set-sell-foreclosures-bulk-150844587.html

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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

This strategy was successfully used during the Savings & Loan crisis back in the late 80's. Wikipedia has a goodarticle on how that worked.

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