R.O.I. Properties Specializes in Helping Commercial Real Estate Investors Buy Bulk REO Properties in Arizona


Phoenix, AZ (PRWEB) October 2, 2009

R.O.I. Properties, a Phoenix-based real estate firm, specializes in helping commercial real estate investors buy bulk REO properties in Arizona. Buying bulk REO properties creates an enormous opportunity for both the small and large investor.

“Buying REO properties in bulk provides investors with the ability to purchase REO properties at a fraction of the cost in an environment where they could not get anywhere close to the terms and pricing they want on their own,” said Beth Jo Zeitzer, President / Designated Broker of R.O.I. Properties. “We specialize in helping commercial investors meet their needs and avoid the hassles involved in the bulk buying process.”

The size and capitalization of a group brings tremendous credibility to the table since the group can provide multiple exit strategies for the properties. Buyers can invest in REO properties without the hassles of going to auctions, contacting banks, probate sales, estate sales, etc.

According to real estate expert Robert Kline of RW Kline, LLC, there are many advantages associated with investing in commercial real estate in bulk. The first is that preventing retail foreclosures benefits the tenants and their business. The foreclosure process takes months and can result in temporary maintenance, security and insurance problems while the property changes hands. Secondly, the government does not have formal help for commercial loan modifications, although there is money from the Troubled Asset Relief Program to offset losses from bad commercial loans. In addition, the national commercial mortgage debt currently exceeds 3.5 trillion dollars, and two-thirds of securitized mortgages due today have no hope of being repaid in the near term.

Over the past 8 months, from January 1, 2009 to September 1, 2009, there have been a total of 352 commercial REO sales transactions for a total of over $ 1 billion. That is a more than 30% decline over the same 8-month period in 2008, when the transactions resulted in a sales volume of more than $ 1.4 billion (Costar).

For more information about real estate investment opportunities related to bulk REO properties in Arizona, visit ROIPropertiesAZ.com.

About R.O.I. Properties

R.O.I. Properties is a full service real estate brokerage firm specializing in foreclosure properties in Arizona, bankruptcies, probate properties and more. R.O.I. works with banks, lenders, asset managers, bankruptcy attorneys, receivers, fiduciaries and turn around professionals to sell their distressed real estate assets, both residential and commercial.

Contributing Writer: Marcela Houser

Marcela Houser, CCIM, is part of R.O.I. Properties’ Commercial Distressed Assets Division. Marcela has been working in commercial real estate for eight years, with a specialization in retail and office leasing and sales. She is bilingual, and brings a wealth of experience in facilitating transactions with users, owners and investors.

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Global Debt Registry Response to Arizona Senate Passing Legislation Requiring Full Chain of Title Documentation on Mortgages

Wilmington, DE (PRWEB) March 14, 2011

On February 22nd the Arizona State Senate passed SB 1249 requiring lenders that did not originate a loan to produce the full chain of title for all prior beneficiaries or risk the foreclosure sale being voided and award of attorney fees and damages. The bill passed the Republican-dominated Senate by an overwhelming margin of 28-2. The bill is now in the House where it is expected to pass despite opposition from the states banking industry. The legislation, if passed into law, would become the first in the country requiring lenders to prove they have the right to foreclose by providing a complete list of any previous owners of the mortgage, or chain-of-title documentation on the debt.

In 2006, Global Debt Registry (GDR) recognized the serious weaknesses in consumer data management practices, and began development on a new technology platform that would ensure the integrity of managed and traded data, track account-level chain of title, and provide a turnkey portfolio and document-management repository. Today, the Company offers a fully developed and proven solution that addresses many of the issues facing the mortgage finance and servicing industry today.

“It is crucial for lenders, legislators, and consumers to understand that a solution to the issues that created this crisis already exists,” said Mark Parsells Executive Chairman of GDR. “Our system provides a single source for management of all data and documentation for Issuers, servicing entities, debt buyers, sellers, legal collection firms, regulators, judges, industry participants, and consumers. We are the only turnkey provider of chain of title, data integrity, and media-management services globally, and we stand ready to provide leadership in the recovery of the lending markets and a return to the fundamentals of law.”

Bruce Gilmore, President and CIO added, Our patent-pending technologies are in use by more than 60 accounts-receivable clients and servicing entities in all 50 states. The system can be easily customized to provide titling, data integrity, and media-management services for any asset class and industry. Users can easily transmit and receive data and documents while meeting the most stringent regulatory and industry data protection requirements.

Lawmakers in other states including New York, Oregon, and Virginia have proposed legislation similar to the Arizona bill. Attorneys General of all 50 states are collectively investigating the mortgage servicing industry. GDR offers its knowledge and expertise to those seeking a proven, carefully measured solution to the issues facing the debt industry today.

For more information about Global Debt Registry contact Greg Ousley, CEO, at 866-660-2341, ceo(at)globaldebtregistry(dot)com, or visit http://www.globaldebtregistry.com.

About Global Debt Registry

Global Debt Registry delivers significant consumer protections as well as measurable ROI benefits to all participants in the Accounts Receivable Industry by providing the nations only proven, patent-pending AR titling solution. GDRs customizable platform provides a comprehensive Data Integrity, Chain of Title, and Turnkey Media Management solution. GDR maintains the integrity of traded data and documentation (validates debt); maintains accurate ownership (account-level chain of title); and provides automated access for media lifecycle management. The Company offers a customizable platform both in the performing and non-performing Securitization and ARM industry markets.

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