Want To Buy 500 Homes Today?

The Mountain Life Team Blogger April 15, 2012

It appears for the second time that the nation’s second largest bank by assets Bank of America, is currently putting up for bid a bulk deal for 500 vacant Foreclosed Homes. The bulk deal would include Bank Owned Homes in California, Florida, Arizona, Texas, Pennsylvania and of course Georgia.

The bulk sale comes at a time that institutional investors, including private equity firms and hedge funds, are raising money to invest in a bulk offering of 2,500 renter-occupied foreclosed properties being auctioned by Fannie Mae.

Currently in our North Georgia Real Estate Market, there are 133 Foreclosures For Sale in the Ellijay, Blue Ridge, Blairsville and Hiawassee Real Estate markets.Read the Full Story Here.