[quote=tom]But why would the investor firms let these go as pocket listings without the whole fan fare of bidding wars to get the best profit? [/quote]
It makes sense to the investors – it hedges their risk by lining up buyers ready to go in as soon as the house is ready. That will reduce the carrying cost expenses since, theoretically, it will go into escrow to you (or other pre-approved buyers) as soon as it is rehabbed. No marketing time needed.
