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CWCOT REO Auctions

CWCOT REO AUCTIONS



 

FHA has also developed a “Claim Without Conveyance of Title” program to encourage servicers to sell REO without conveying the foreclosure properties to FHA asset managers. This CWCOT program is designed to reduce FHA’s carrying costs of managing and marketing the REO properties.

 

The FHA CWCOT 2nd Chance Program Benefits:

 

  • No Buyer's Premium
  • Earnest money deposit: $2500 or 5%, whichever is greater
  • Properties purchased AS IS- WHERE IS, with ALL FAULTS AND LIMITATION
  • Broker Protected
  • Seller to pay delinquent taxes and HOA dues
  • Buyer responsible for all closing costs
  • Special Warranty Deed Available (Buyer Expense)
  • Licensed Agents can purchase property and receive commission

 

Our team has experienced Brokers and Agents through out the country that will help represent and guide you.

Learn about the best deals and get 10 to 40% Discounts, get property details, values, photo's and more.

We search dozens of sources to bring you this amazing opportunity 

Don't miss out on this "Hidden Inventory" 

Call (888) 870-0443   

 

 This Week Current List -- Properties may be occupied, please request info prior. 


“Claims Without Conveyance of Title”. - What this really means is the Banks can start marketing the property immediately after the foreclosure sale at the courthouse steps


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