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Register Now to Receive Updates and Special Offers!!

Registration is easy, FREE, and includes:

  • Notifications on newly liquidated properties coming available
  • Ability to bundle multiple properties for discounted portfolio purchases
  • Special offers including deep discounts on bulk property sales

Buy Multiple Foreclosure Properties at Even Lower Prices

Become a registered user and receive even lower prices when buying a portfolio of multiple foreclosure (REO) properties. Econohomes offers two types of portfolios. But these deals are only available to our registered users, so register today!

  • Pick'em Portfolios: Enjoy volume discounts when you create your own custom portfolio of multiple properties on our website – pick the locations and the properties, and buy them together as a portfolio to save time and money. Save up to 20% on portfolio purchases. Restrictions on certain properties may apply; create and submit your portfolio online and a property specialist will contact you to confirm discounted pricing is available on all properties in the portfolio.
    • To get started, become a registered user. Once logged in, click on our “Properties” and then on “Create Portfolio” to begin building your custom portfolio.
  • All-or-Nothing Portfolios: Enjoy even greater discounts (up to 60% off retail) on specially-offered “bulk” portfolios of foreclosure (REO) properties when you’re a registered user. If you are interested in one of these amazing portfolio deals, contact us today and become a registered user.

All-or-Nothing portfolio buying is a great investment opportunity. In addition to substantial discounts, buyers of these portfolios enjoy a number of other potential benefits, including spreading risk, increasing returns, and creating ongoing cash flow. Portfolio buying usually involves buying properties across multiple states and multiple cities within a given state. A portfolio mindset is important when buying multiple foreclosure properties in an all-or-nothing bulk package. Risk is spread across the entire portfolio with losses on any one property offset by gains on other properties. Often a meaningful percentage of properties within a given portfolio package can be sold to local investors for cash to help offset the initial acquisition cost and create a return on the initial investment. The remaining properties either are rehabilitated and rented or resold, or sold to owner-occupiers with long-term financing. On properties sold retail to owner-occupiers with seller financing, portfolio buyers usually recover their initial investment within several years and then enjoy monthly payments for many years to come.

All-or-Nothing portfolio buying is not without its challenges. Most buying of these portfolios is done with minimal due diligence, no title insurance and subject to all outstanding tax and other liens (including utilities in some jurisdictions). Sometimes properties have outstanding housing code violations or are even condemned. Many of these properties usually have been vacant for some time, attracting squatters, vagrants and vandalism. The loans generated by selling properties with seller financing can be difficult to service. Buyers of these portfolios must be ready to deal with the complexities of selling and managing properties across disparate locations. That said, although the risks are high, the returns can be even higher making it an attractive opportunity for the seasoned investor.

With the flood of foreclosures, Econohomes currently is offered more REO property than we can responsibly sell. We have created this portfolio program with the belief that the sooner these properties are in the hands of capable investors, the sooner they will then be returned to productive use.

If you are interested in buying a portfolio of foreclosure properties, contact us today and become a registered user.