As most of my blog readers know, my most recent REO purchase was made in Granada Hills, CA for the very low price of $312,500. I have since put $42,000 into it in rehab expenses and it looks like a brand new home! It will be sold to an end buyer for at least $485,000 which will give a gross profit of $130,500. After holding costs and re-sell costs, the net profit (pre-tax) will be over $9… real estate internet marketing
In a turbulent time in the mortgage industry, Somerset Mortgage Lenders stays ahead of its competition by lending a helping hand to senior borrowers. Along with saving seniors a lot of money with a reverse mortgage, many Somerset employees have gone the extra mile to make sure they remain friends with their borrowers by offering to lend a hand with home improvements.
One example of this is when a recent customer was going to pay $4… real estate internet marketing
