Vestorware LLC, has a direct relationship with companies who purchases REO properties in bulk from banks and resells them wholesale to qualified investors.
In the retail side of the business, these houses are sold “as is” to people who want a chance at home ownership. The mortgages are carried back, starting at $500 Down & $300 mo. with No Credit Checks. The monthly payments are always less than what the area rents.
The retail buyers of these properties use their own efforts to fix up the homes and trade their sweat equity for lower purchase prices and home ownership. Loan terms range from ten to thirty years and interest rates are set between 8-12%. Most of the properties are sold on land contracts, which calls for deeding the property to the buyer within a certain time frame (usually 6-9 months) if reasonable contractual conditions are met.
If you would like to be among the first to know about each new property as it becomes available, please join our Buyers E-Mail list. We will automatically send you information on every property we acquire. You will have all of the information before it is seen in the paper or even before we put up the "For Sale" sign in the yard. Sound interesting? Fill out the form below and click the button to join.