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"Chief Reasons" Blog

REO - Lender Owned Real Estate

Aggressively Priced To Sell

Statewide Financial Services has established relationships with the Nation's largest banks and other financial institutions allowing us to offer our clients bank-owned (REO) opportunities at wholesale prices. If you are looking for properties to flip quickly for an immediate profit or cash flow opportunities, REOs offer the best deals in today's real estate market.

Below is our newest REO Inventory and it's being made available to our Preferred Investor Network at this exclusive pricing.
REO & Bulk REO Purchase Process

REOs & Builder Bailout - The FASTEST Easiest & Smartest Way To Make BIG Money In
Today's Market

Purchase Process

1. Select the property(ies) you want from the list below
2. Download the - Offer To Purchase Agreement
3. Complete the Purchase Agreement
4. Email or Fax the Purchase Agreement to Statewide Financial Services
Email: Sales@StatewideFinancialServices.Net

Fax: (866) 360-0429
5. You will have 14 day due diligence period
6. Wire Earnest Money Deposit in the amount of $5,000.00 to escrow
Earnest money is refundable during the 14 day due diligence period
Earnest money goes hard after the completion on the due diligence period
7. Loan application will be scheduled with Statewide Financial Services, or approved lender, within 48
hours after acceptance
8. Closing will be 30 days after acceptance or sooner. No exceptions.

If you have additional questions please contact us at (619) 223-0055 or via email at elisa@StatewideFinancialServices.Net
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REO List


The properties listed below are part of a Bulk REO list available in Arizona, California and Nevada. Review the following properties and if interested in purchasing, please read the guidelines for presenting and offer.

Prop Type Address City State Zip Banks BPO Value Internal Value Discounted Price Gross Spread
SFR 2935 W EASTMAN ANTHEM AZ Pending 552,000 435,000 304500 130,500
SFR 2508 E BROWN ST PHOENIX AZ Pending 515,000 426,000 298200 127,800
SFR 6121 E CAMINO MANZANO ANAHEIM CA Pending 500,000 445,000 311500 133,500
SFR 597 MYRTLE BEACH BRENTWOOD CA Pending 690,000 495,000 346500 148,500
CONDO 8019 VIA POMPEII BURBANK CA Pending 515,000 410,000 287000 123,000
PUD 834 SCENIC TERRACE CHULA VISTA CA Pending 640,000 595,000 416500 178,500
PUD 1138 BELLENA AVENUE CHULA VISTA CA Pending 660,000 560,000 392000 168,000
SFR 3121 MONTROSE WAY EL DORADO HILLS CA Pending 500,000 470000 329000 141,000
PUD 1450 SOUZA DRIVE EL DORADO HILLS CA Pending 650,000 600000 420000 180,000
SFR 2467 EAST SOQUEL CR FRESNO CA Pending 454,900 318430 136,470
SFRDET 7670 PADOVA DRIVE GOLETA CA Pending 690,000 550,000 385000 165,000
2FAM 11618 MENLO AVENUE HAWTHORNE CA Pending 600,000 430,000 301000 129,000
CONDO 15 ALEVERA STREET IRVINE CA Pending 555,000 525,000 367500 157,500
PUD 70 OAK TREE LANE IRVINE CA Pending 553,000 387100 165,900
3262 Peg Leg Mine Rd Jamul CA Pending 525,000 469,000 328300 140,700
CONDO 7811 EADS AVENUE UNIT 101 LA JOLLA CA 92037 500,000 475,000 332500 142,500
CONDO 46 TUSCANY LADERA RANCH CA Pending 525,000 367500 157,500
SFR 11831 PASEO BONITA ST LOS ALAMITOS CA Pending 710,000 575,000 402500 172,500
SFR 5002 STERN AVENUE LOS ANGELES CA 91423 849,000 725000 507500 217,500
CONDO 4430 NOBLE AVENUE #306 LOS ANGELES CA Pending 530,000 430,000 301000 129,000
SFR 6728 VARNA AVENUE LOS ANGELES CA Pending 499,000 450,000 315000 135,000
SFR 17054 LASSEN STREET LOS ANGELES CA Pending 555,000 449,000 314300 134,700
SFR 3465 PERLITA AVENUE LOS ANGELES CA Pending 475,000 332500 142,500
3FAM 1342-1344 S. BRONSON AVE LOS ANGELES CA Pending 749,000 500,000 350000 150,000
SFR 7356 SOUTHLAND ROAD MANTECA CA Pending 999,000 650,000 455000 195,000
SFR 901 WEST NEWMARK AVE MONTEREY PARK CA Pending 690,000 600000 420000 180,000
SFRDET 1010 DAVIS PLACE ROAD MOUNT SHASTA CA Pending 750,000 750,000 525000 225,000
SFRDET 42200 IVY STREET MURRIETA CA Pending 675,000 472500 202,500
SFR 11257 LANDALE STREET NORTH HOLLYWOOD CA Pending 689,000 589,000 412300 176,700
2FAM 1925-1927 CHESTNUT ST OAKLAND CA Pending 530,000 374,000 261800 112,200
4FAM 2327 EAST 17TH STREET OAKLAND CA Pending 640,000 525,000 367500 157,500
SFR 665 SOUTHMOOR DRIVE PACIFICA CA Pending 500,000 445,000 311500 133,500
SFR 7608 MERRIMACK PLACE RANCHO CUCAMONGA CA Pending 465,000 325500 139,500
SFR 816 BUCKINGHAM DRIVE REDLANDS CA Pending 680,000 440,000 308000 132,000
4FAM 1016 POST STREET REDLANDS CA Pending 545,000 460,000 322000 138,000
SFR 16179 SALLY LANE RIVERSIDE CA Pending 375,000 262500 112,500
SFRATT 630 LILAC LN SACRAMENTO CA 95864 1,250,000 850,000 595000 255,000
SFR 1924 GINKGO STREET SAN BERNARDINO CA Pending 410,000 287000 123,000
SFR 6935 HALIFAX STREET SAN DIEGO CA Pending 575,000 475,000 332500 142,500
2FAM 340 AND 342 ARLINGTON ST SAN FRANCISCO CA Pending 1,050,000 750,000 525000 225,000
SFR 2415 WALNUT GROVE AVE SAN JOSE CA Pending 698,000 508,000 355600 152,400
SFR 2922 AETNA WAY SAN JOSE CA Pending 590,000 475,000 332500 142,500
PUD 29045 CEDAR GLEN COURT SAUGUS CA Pending 595,000 545,000 381500 163,500
SFR 4437 VANTAGE AVENUE STUDIO CITY CA Pending 850,000 525,000 367500 157,500
2FAM 10510 HELENDALE AVENUE TUJUNGA CA Pending 625,000 499,000 349300 149,700
CONDO 96 LIBERTY STREET TUSTIN CA Pending 475,000 332500 142,500
SFR 12471 BOUGAINVILLEA WAY UNINCORP.RIVERSIDE CA Pending 515,000 343,000 240100 102,900
SFR 1630 PENMAR AVENUE VENICE CA Pending 630,000 441000 189,000
SFR 38715 BUTTERFLY DRIVE YUCAIPA CA Pending 710,000 525,000 367500 157,500
PUD 3058 BLAZING CREEK WAY HENDERSON NV Pending 508,000 410,000 287000 123,000
PUD 9713 PLATEAU HEIGHTS PL LAS VEGAS NV Pending 525,000 367500 157,500
SFR 1217 PARK CIRCLE LAS VEGAS NV Pending 650,000 560,000 392000 168,000
26,623,000 27,399,900 19,179,930 8,219,970


Document
Purchase Contract
Disclaimer: Statewide Financial Services assumes no responsibility for buyer's tax, financial and/or legal consequences associated with the purchase of real estate.  Please consult your tax, financial and/or legal professionals.  Statewide Financial Services in association with Stand&Deliver, Inc.