Did you see the recent North Texas Commercial forclosure list of Nov 1, 2011? It was a list of North Texas properties, 100 properties, that went at auction recently and to my surprise only 4 properties were bought by a third party whle the other 96 were bought by the lenders.
Will share the list if your interested and we can contact those lenders about their new REO inventory. Also at www.AmeriStarAuction.com we are auctioning a 10 acre Wylie retail site on November 15, 2011 via the internet (kind of like Ebay) so check it out.
More REO activity to come in 2012 according to my crystal ball.
Your Real Estate Advisor
Welcome to Chet's View! As "Your Real Estate Advisor" I would like to share my views, experience and advice in commercial real estate to bring harmony to your next transaction.
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