As a necessary avenue to expedite real estate transactions, Skylar created INeedAnOffer.com. Quite simply, INeedAnOffer.com is a real estate website where you can find far below market homes nationwide. The asset listings originate as large bulk REO pools that have been purchased by Mercury Capital Real Estate Partners, as well as others investment firms and hedge funds. For the average investor, however, you may not even be aware of what bulk REO investments means, especially because REO is an acronym that has erupted into contemporary popular usage only recently. If you are one of those people who want a way to navigate the confusing terminologies behind bulk REO investing, here are the basic terminologies that you need to be acquainted with.

What are Bulk REOs?

Bulk REOs is an acronym that stands for ‘real estate owned’ and is a term that is often used in the banking as well as the lending world. The process of bulk REOs is summed up in the event where a home that is placed on mortgage is placed on a foreclosure because of the home owner’s inability to pay the mortgage or other dues that have been made with the real estate used as the collateral. Bulk has been often added to the REO acronym because investment in this field is most profitable when buying REOs in bulk, since these forms of real estate are much cheaper than others and are thus best when bought in bulk, the way wholesale buying is much more efficient than choosing to purchase goods from retailers.

Having the ability to purchase these large pools of REOs, Mercury Capital Real Estate Partners and its associates can offer tremendous opportunities to you, the investor. If you are a new or seasoned investor, INeedAnOffer.com is the arena where you will find unparalleled real estate deals! If you have any questions, don’t hesitate to contact me at:

skylar @ ineedanoffer.com or follow me on Twitter @ skylar_howard.