Can't find your property here? More Bank-Owned properties listed by our Partners!
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Bulk Purchase Pre-Sale Information Meeting
Thursday, June 26th @ 6pm
5155 Waring Road San Diego CA 92120
- Broker's Introduction
- Bulk Purchase Process
- Pre-Sale Purchase Process
Send RSVP to admin@bankownedsandiego.com
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Use the map. Find your property.
1 Register BEFORE our LIVE launch for property list access.
2 Use the interactive Google map to find your property.
3 Meet with one of our Mortgage Specialist at our office and get pre-approved for a loan.
4 Select a property! (IMMEDIATE PURCHASE: you must be ready to move in your new home within 45 days)
Generally, bulk REO purchases are left for the groups of seasoned and cash-heavy investors who have the ability to approach major banks that are forced to unload blocks of real estate at discounted prices in order to maintain liquidity. These complex deals require a large sum of money, experience, and developed business relationships. The small investor typically does not have an opportunity to participate at this level...until now.
For the past several months, the executive team at JR Investments has been installing systems in our office to quickly evaluate, appraise, and purchase bank-owned properties in bulk. The first mock run was performed a couple of weeks ago on the 160 properties that JR Investments currently owns today.
The major question was, “Could JR Investments complete a drive-by inspection for appraisal, perform a market evaluation, secure title insurance, and fund (all cash) to purchase 160 properties within 7 days?”
The answer is yes. Now these properties are available to you...at a price that will beat any market!
The properties
JR Investments is purchasing single-family residences (houses), condominiums, and several 2-4 unit investment properties at 55-65% of current market value. These properties are available to individual buyers (you) for a small margin. You can easily find the right property by using the interactive Google map (above). Because these prices are guaranteed to beat the current market, there will be very little room for negotiation. Furthermore, since we are not an institution, we have the ability to grant a greater discount to a buyer or buyers for a larger purchase volume. Lastly, you will not find these properties on the Multiple Listing Service (MLS). These properties are exclusively displayed on this site for 2 weeks, beginning on the UPDATED date (above), after which point they will be offered on the MLS for a higher (near market) price.
If you are a homebuyer looking for your primary residence, please be flexible in your choice of location, size, and other attributes. These properties are ideal for investors who are looking for immediate cash-flow. The value lies within the price. For those properties that need renovation, JR Investments offers a full range of services to fit your needs.
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