BiComplex Properties

Today, more than 12,000 lenders have approximately $200 billion in non-performing loans and REO. In the 21st century, this is what the REO and residential notes situation look like. As everything to the left is non-performing debt, this is just one sample of many different asset types. So what is REO? REO means everything to the left is something that's coming down the pipeline. There are four options banks decide on together as a result: A) They are either going to sell as debt B) They're going to foreclose it C) They're going to sell at the foreclosure auction D) They're going to foreclose on it and they're going to book it in as REO, which will result in having to sell it that way. In any case, this is just residential. But in the grand scheme of things, we're talking about more than $150 billion in non-performing notes and REO, which are just residential. That doesn't even cover multi-family, construction, commercial, or other areas, so there's a huge opportunity for commercial and residential lenders. That's where we step in. Stop waiting and let BiComplex Properties handle the rest for you today.