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- BUY YOUR NEXT HOME OR COMMERCIAL PROPERTY AT A DISTRESS
- SALE
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- Buy your next home from the Resolution Trust
- Corporation (RTC). Or buy two, and sell one at market
- value. The RTC has control of more than 20,000
- foreclosed homes around the country and is selling them
- at distressed prices. Many sell for around 85% of
- their appraised values. You may have to deal with a
- complex bureaucratic process, but you could end up with
- an excellent housing buy in the end.
- The Resolution Trust Corporation, set up by the
- government to liquidate assets of failed savings and
- loan associations, still has a lot of property for
- sale. Today the RTC is making it easier than ever for
- individuals and small investor groups to purchase
- assets. It's called the Small Investors Program. And
- it's designed to provide the smaller investor better
- access to RTC offerings.
- They have a special toll-free number dedicated to
- small investors, so you can have instant access to
- information about auctions, sales events and seminars,
- financing, and opportunities for minority- and woman-
- owned businesses. Call RTC at (800)421-2073, and find
- out about their Small Investors Program.
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