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Posted over 16 years ago

Short Sales and REO's Funding

In The News Washington DC Treasury Secretary Paulson announces that banks will be on their own in disposing of REO's and short sales. The Government will not use TARP money to buy bad mortgage loans made by banks. It is estimated at over 1.6 million foreclosures will occur this year and 1.9 million is projected for 2009. This is great news for small private investors wanting to take advantage of flipping short sale and REO's. But due to the credit crunch where can we get the funding to buy and where do the seller's get the funding? But there are several programs out their that can help both buyers and sellers such as what can be found at http://www.weprovidefunding.com


David Arriaga
http://www.NorthEastRehabDeals.com

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