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Getting at the Shadow Market

By 1sfrenter   Follow   Mon, 16 Apr 2012, 11:11pm   587 views   1 comment
In San Francisco CA 94110   Watch (1)   Share   Quote   Permalink   Like   Dislike  

More buyers are seeking homes in 'shadow market' With inventory at historic lows, many Twin Cities house deals are happening behind the scenes, long before the properties hit the market.
http://www.startribune.com/business/147451665.html

I've been trying to figure this one out, but with limited success. There are a few REO, unlisted and vacant, that I am interested in. I know which banks own them. But it stops there. What next?

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1. RentingForHalfTheCost Follow Befriend (8) 40 threads 2,062 comments Pleasanton, CA Premium

   1   7:49am Tue 17 Apr 2012   Share   Quote   Permalink   Like   Dislike   Protected   Wait for the first Mercedes to pull up into the driveway of the vacant homes and then go over and take the air out of the tires and put some sugar in the gas tanks. That is about all the access you get to these homes. Banks and Realtors are colluding in droves and the average investor is powerless.