Mortgage Insights by Andrew Clemente

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Mortgage and Lending - United American Mortgage Corporation
Having a very unique and diversified background in the lending and real estate arena I draw from my thoughts, passions, and experiences.

ARCHIVED BLOG POSTS

2009 

The truth is BULK REO does exist! For most it is like trying to find a needle in a haystack. What makes it difficult when you are really doing it is to establish trust. Many true investor have been lead down the road nowhere.  Most of the actual sellers are clearinghouses because the banks do not...
03/14/2009
 One of my contacts has decided to focus on Mixed Commercial NPN's - Apartments, Condos, Strip centers etc. The properties are all over - LA, IL, East TX - with higher concentrations in South East CA and South NY Tri-State areas.  Range is from .54 to .61 +2 Cents on the dollar. This is a direct ...
03/01/2009
There are  2 Nationwide Tapes for sale. Values and Prices included - pay cash or owner financing is available.  Note: Financing is ONLY available for these specific Nationwide Tapes.  You will still be pre-screened through the standard BULK REO process. LOI and POF to show 30%-50% Down. 1.   BPO ...
03/01/2009
Rainer
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Andrew Clemente

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