One third of all foreclosures in the United States fall into bankruptcy. Most are snatched up by institutional investors or sold via pool sales and very few make it through to the home buyer. It can also take years to go through the process.
BankruptcyListings.com works directly with the bankruptcy trustees through our parent company BK Global. The properties go through a 3-Step process. In Review, Coming Soon and For Sale. This unique pre-marketing technique is proving very valuable in selling these properties. Several of the top US banks have already signed up and we have roughly 100k properties in pipeline.
This session looks at how the team at Foreclosure.com has launched BankruptcyListings.com and is tackling this opportunity in the US market.