Austin, Texas-based Econohomes has launched a new online platform that the company says will make it easier for home buyers and wholesale real estate investors to evaluate and buy foreclosed properties.
The platform enables investors to assess financing options and pricing, save and share property listings, and pinpoint other properties in surrounding locations, Econohomes says.
‘Our government and the mortgage industry now are beginning to focus on the central role that investors will play in soaking up excess housing inventory,’ says Jeff Ball, Econohomes president and CEO. ‘Investors will serve as the bridge to a future where folks will be ready to own a home again after repairing their credit and their balance sheets."
