AUSTIN, TX--(Marketwire - Oct 20, 2011) - Econohomes, the leading online source for wholesale investment properties, launched a new online experience for real estate investors and homebuyers to more easily evaluate and buy foreclosed (REO) properties. The new Econohomes website offers an intuitive user experience with a rich set of customer-focused tools -- all backed by a flexible architecture for faster performance.
Taking into account the needs of its customers, the new site (www.econohomes.com) improves the user experience. Based on feedback from its customer base, Econohomes integrated robust features and functionality for a more productive and valuable experience as the top online destination for buying wholesale real estate. Investors can conveniently assess financing options and pricing, save and share property listings, and pinpoint other properties in surrounding locations. There are no subscription fees to view detailed property information and registration is free to receive new inventory updates and automatic email notifications of properties that match a user's buying criteria.
"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," said 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. Our new website will help these investors build successful real estate investment portfolios."
Econohomes offers a comprehensive suite of services unmatched by competitors, including:
- Free Online Access to All Properties: No subscription fees to access complete property descriptions and registration is free to receive new inventory updates and automatic email notifications of properties that match saved searches.
- Easy, Fast Buying Process: Econohomes owns the properties offered on our website, making the process straight-forward, with our average sales transaction taking less than 72 hours to complete.
- Flexible Investor-Financing: Flexible financing is available for investors designed to preserve available capital for repairs and rehabilitation of the property.
- Renovated Homes for Sale: Fully renovated homes are move-in ready for positive cash flow.
- Attentive Customer Service: Full-service, in-house team of real estate experts for the best customer service before and after the sale.
- Superior Buying Power: Econohomes receives significant price discounts as a proven buyer, comfortable purchasing properties on reduced terms from mortgage lenders and servicers -- quickly making these properties available at affordable prices.
Investors can visit the newly designed site at www.econohomes.com.
Econohomes unlocks the enormous potential of distressed properties for buyers, sellers, and communities. With a proven track record of buying and selling thousands of properties since 2006, Econohomes is the alternative pipeline for distressed properties. Econohomes buys residential properties in volume at discounted prices from mortgage lenders and servicers, and almost instantly makes these properties available online to buyers at affordable prices. Econohomes is the leading online source for wholesale investment properties.