[eventusstultorummagister]

Originally Posted by olecapt

Mortgages or homes?

Selling homes to anybody requires that you own them....which is a public record. They would then have to be transferred to a new owner with a tax paid...another public record. These would stand out on the local assessors data base like a sore thumb.

One might be able to sell mortgages or parts there of in volume. Be pretty complex on homes.

They buy in bulk and they can use any name they want.

[olecapt]

Originally Posted by eventusstultorummagister

They buy in bulk and they can use any name they want.

Silly nonsense. Any large set of weird transaction well below market would be obvious. A different address for each? A different seller?

It would be pretty much impossible to start transferring large numbers of homes at way off price without triggering half the world.

I would think you might also trigger the state as to whether the properties were being properly valued for the transfer tax.

"All you got to do is.." almost never works.

[eventusstultorummagister]

What are you talking about Capt.?
EXAMPLE:
G8 Capital, LLC buys entire asset portfolios from mortgage companies and banks at wholesale prices.
They are liquidating the "shadow inventory".

[olecapt]

Originally Posted by eventusstultorummagister

What are you talking about Capt.?
EXAMPLE:
G8 Capital, LLC buys entire asset portfolios from mortgage companies and banks at wholesale prices.
They are liquidating the "shadow inventory".

That is what I said...

Former MoneyLine CEO Founds G8 Capital and Raises $50 Million to Purchase Distressed Mortgage Portfolios

Mortgages not houses.