First choice reo group
Tom Martin Try to get you to buy an over priced reo propert owned by a bank. Claim to help you sell quick for 30% profit

Got a cal from First Choice Reo claiming they worked with banks to liquidate reo property. They said they make no money when you buy the propert but were paid 20% of the profit when you sold it, usually within 30-60 days.

They sent me info on a property I could buy for $10 k. They also put me in contact with John Roberts, " a Remax" agent in the flint Michigan area. Roberts told me the property would sell quickly for $16 to $20k.

I spoke with other agents In the area, one who had a property across the street on the market for $4750. She told me that most of the houses are vacant, the area is depressed, and her opinion of the property I was looking at had a market value under $5000.

Roberts also told me the low end of the market in the area of the subject property mid $20k. I found over 70 homes within blocks on the market for $10k and less, some as low as $1500. Roberts also claimed the rental value of the house was $800 per month.

I don't know how these guys get paid but I know it is not when their client sells the property. I suspect they are paid to sell the property by the bank. Steer clear of these clowns.

Company: First choice reo group
Country: USA
State: Michigan
City: Flint
Address: 2645 Executive Park Dr, ste 421
Phone: 8888925201
Site: firstchoicereogroup.com

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