Trustee sale is cheaper than REO or you are buying the wrong hou

I doubt that people want to voluntee these information on line in a public forum. To understand why trustee sale should be lower than REO, for each REO sale, the bank has to pay commision to both brokers. In addition, the bank has to clean the title, evict the tenant/owner, bring the house to presentable level. Trustee sale has good deal but is hard work.Bidding and Buying a foreclosure house is just the first step. It is best to find some professionals that you can trust and invest in their LLCs as a passive investor and collect a 20%-30% return as mentioned by usfangchan. I am starting a new foreclosure investment group for northern california around silicon valley. Anyone interested are welcomed to join. the group name is svforeclosure. email is [e-mail]