ForeclosureHotSpot.com

Acquisitions


READ CORP: YOUR SOURCE FOR PROPERTY ACQUISITION SERVICES

The distressed property market has changed and READ Corp. has changed with it. The largest Seller of Bank Owned Properties in Florida is positioned to be the largest Buyer of these and other homes in 2013 on behalf of its investment fund clients.

THE NEW MARKET:

The next two years will have heightened Institutional Fund activity acquirng and leasing single family homes coming into the market via foreclosure auctions, short sales and REO.  These properties will be candidates for securitization, REITs or resale, as home values continue to rebound.  It takes large amounts of capital to accomplish this on a significant scale.  It also takes experience, market presence, a disciplined systematic approach and local relationships to get things done.  

TURNKEY SERVICES:

READ offers “soup to nuts” capabilities: valuation, due diligence, auction sale representation, securing and maintaining property, leasing and reporting. We have 8 locations throughout Florida, and have a depth of knowledge of all markets, including those that are not particularly competitive at auction sales and are therefore undervalued.

OUR QUALIFICATIONS:

On behalf of more than 30 banks, lenders and servicers since 2001, READ has demonstrated its ability to manage and sell large a volume of distressed assets. READ is #1 in terms of properties sold – 6,000 homes, condos and multifamily properties. We are also #1 in sales dollars – almost $600 million closed! In addition, the average years of experience of our management staff is 10 years. This window of opportunity will not last.  Prices are below replacement costs and are still near the bottom. Rent rates are up.  The time to act is now. Hire the best firm for the job and please call Jim Banford for a confidential interview to discuss joint venture possibilities as well as your acquisition initiatives.
 

JIM BANFORD
Jbanford@readcorpreo.com  •  www.ForeclosureHotspot.com   •   561.655.6605 ext. #1       
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