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Updated over 11 years ago on . Most recent reply

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7
Posts
2
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Alex Lloyd
  • Euless, TX
2
Votes |
7
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Most Popular Reply

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1,755
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Doug Smith
  • Lender
  • Tampa, FL
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1,755
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Doug Smith
  • Lender
  • Tampa, FL
Replied

I wish we did business in TX. We love having "pocket investors" that look for our REO. One challenge that we find as a holder of non-performing notes is it is difficult to find good, reliable, real buyers for REO. We would much prefer having several investors on hand that we know can actually buy when REO hits the portfolio. I would reach out to some of the sub-servicers and let them know what you are looking for. We do our foreclosure work in house, but most note holders use subservicers. It is a topic that can go on for days. If you would like to reach out I would be happy to schedule a call and let you pick my brain a bit.

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