Tag Archives: Econohomes

Econohomes has launched a new website aimed at redefining the online experience for real estate investors and homebuyers as they shop for foreclosed REO homes. The company buys residential properties in volume at discounted prices from mortgage lenders and servicers. Its online inventory comprises REO homes in more than 40 states, including properties that have been renovated.

Econohomes is an Austin, Texas-based company that buys distressed REO properties in bulk and operates an online marketplace to get these homes back into the hands of owner-occupants and investors. The company is looking to make it easier for Hispanic buyers to get into the game. Econohomes is now offering bilingual services and Spanish-language online information to assist the Hispanic community with real estate transactions, both first-time homebuyers and property investors.

Econohomes, an online source for wholesale investment properties based out of Austin, Texas, is now offering fully renovated residential properties to its REO inventory. Econohomes says its renovated offerings fit the bill for owner-occupiers who don't want to have to deal with repairs and for investors looking for a home they can quickly rent out to generate positive cash flow. The company is actively exploring ways to expand its supply of renovated homes.