Dynamic Ventures Corporation Continues To Expand Market Opportunities With Move Into Real Estate Owned Market
SCOTTSDALE, AZ, Nov. 1 /PRNewswire/ - Dynamic Ventures Corp. (OTC:BB: DYNV) announces their move into the highly-profitable Real Estate Owned (REO) market with the creation of a new division whose focus will be on the REO segment in the Southwest United States. The REO market is comprised of homes that have been foreclosed on by Banks or Mortgage companies and can be purchased in volume at deep discounts to their market values.
With REO property accounting for 80 percent of foreclosure sales in 2009 and foreclosures representing 45 percent of all home sales last month, Phoenix, Arizona represents one of the highest concentrations of REO sales in the country.
"Banks are not in the Real Estate business and they do not want to hold onto foreclosed properties for an extended period of time. We believe that with our strong base of affiliated construction trades, we can quickly retrofit these properties to a marketable condition, turning them into walk-in ready homes and provide a quick turnaround on these foreclosed properties," stated Dave Brown, V.P. of Business Development for Dynamic Ventures.
He further added, "With the substantive number of bank-owned properties in this area and our ability to provide fast, cost effective, quality construction solutions, we anticipate this new division will be a very profitable addition to our business portfolio."
About The Company:
Dynamic Ventures Corporation, soon to be renamed Bundled Builder Solutions, Inc., develops and markets efficient construction solutions for residential and commercial buildings. Its EZ-Build subsidiary offers a turnkey solution enabling the firm to custom design, manufacture and install complete LEED certified structures. The overall energy efficient, affordable, green, easy and quick construction approach offered by the EZ-Build system is unique in the industry.
This press release contains forward-looking statements that involve risks and uncertainties, including the Company's beliefs about its business prospects and future results of operations. Some factors that could cause actual results to differ materially include economic and operational risks, changes in anticipated earnings, continuation of current contracts, and other factors detailed in the Company's filings with the Securities and Exchange Commission, including its most recent Forms 10-KSB and 10-QSB. The Company forecasts provided above are dynamic and therefore refer only to this release date. The Company does not undertake to update any forecasts that it may make available to the investing public.
SOURCE Dynamic Ventures Corp.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article