Gadish Properties has began handling the sale of Freddie Mac REOs in Los Angeles as of January 2011. Visit www.GadishProperties.com for additional information as well as a list of the REOs available for sale.
For years, Gadish Properties has demonstrated its prominence in the Los Angeles area as a real estate brokerage specializing in the sale of REO homes. Celebrated for its knowledgeable and experienced REO and property preservation teams, Gadish Properties provides a high level of customer service. The in-house REO team at Gadish Properties has earned the brokerage the honor of Preferred Vendor for multiple financial institutions throughout California. Under the direction of founder David Gadish, the brokerage’s BPO/MSR team delivers accurate market analyses to clients in a timely manner and subsequently prices properties according to client expectations. Gadish Properties has also fostered an impressive marketing team, consistently moving properties through maximum exposure and an established network of builders and investors. Historically, Gadish Properties has focused on the sale of residential properties, including luxury homes, in Los Angeles and other California metropolitan areas. Recently, however, Gadish Properties has begun selling commercial properties, representing hundreds around the state. Gadish Properties also sells parcels of land that have gone through foreclosure and construction properties (land with unfinished construction). Already established as a top brokerage among first-time home buyers, Gadish Properties strives to meet the needs of its investor clients by selling foreclosed properties with the greatest potential for return on investment. For more information about the homes, land, and construction properties offered by Gadish Properties throughout California, contact the brokerage or visit its website at www.gadishproperties.com.
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REO, or real estate owned, is defined as property owned by the lender, usually a bank, after a foreclosure or unsuccessful sale. If the bank cannot sell the property for at least the outstanding loan amount, it will be repossessed and transformed into an asset. Once the property is successfully repossessed, the bank will usually attempt to resell it to the public through a broker, removing liens and other expenses on the home. REO properties are generally good investments that grow in value through repairs and maintenance, providing favorable returns. Gadish Properties, an eminent Los Angeles-based Real Estate Brokerage, has been selected as the Preferred Vendor of multiple financial institutions that acknowledge the superior work of the brokerage’s REO team. As a Preferred Vendor, Gadish Properties receives a high volume of REO properties, empowering it to develop its large network of builders and investors who invest in REO land and houses. Gadish Properties moves REO properties quickly and efficiently through this network, enabling it to take on a higher volume of properties from banks and other institutions. In California, Gadish Properties is one of the top two REO brokerages and is listed as one of the top 10 on a national level. At present, Gadish Properties represents REO properties not just in Southern California, but throughout the entire state. Gadish Properties has land and homes for sale in Beverly Hills, Century City, Brentwood, and the San Fernando Valley, areas as well as such neighborhoods as Hollywood and Beverlywood. For a complete listing of properties for sale through Gadish Properties, visit the brokerage online at www.gadishproperties.com.
