Dynamic Ventures Corporation Intent to Enter the $250 Billion Dollar REO Service Market

SCOTTSDALE, AZ, Jan. 13 /PRNewswire/ - Dynamic Ventures Corp. (OTC BB: DYNV), is pleased to announce its intent to enter the $250 billion REO services market. The company has drafted a term sheet with an investment group to raise between $6-$10 million dollars to take advantage of the current opportunity in the credit markets by acquiring and reselling distressed residential real estate bank owned properties (REO). This investment will be targeted in and around the Phoenix metro area

"We believe the bulk REO market is strong and has the potential for extremely lucrative investments in foreclosure properties in both the short and medium term. With the prospects for a reasonable economic recovery and stronger housing market just around the corner, the time to invest in bulk REO is now." says Paul Kalkbrenner CEO of Dynamic Ventures Corporation.    

REO homes (bank shorthand for "real estate owned") that are in good condition and listed at $300,000 or less are drawing multiple bids in some areas from home buyers and investors looking for bargains.

"Our team has built over 50,000 homes and has a combined 50 plus years of experience in residential and commercial construction, primarily in the Greater Phoenix area. This combined with our ownership of a company specializing in interior finishes and our relationship with many trades has our team well positioned to capitalize on this market" continued Mr. Kalkbrenner. He adds, "We believe bulk REO properties will become a very lucrative and ongoing source of revenue for us and will prove to be another winning strategy for our company as we expand our existing business into this exciting market segment." 

About The Company

Dynamic Ventures Corporation develops and markets efficient construction solutions for residential and commercial buildings. The company offers a turnkey solution enabling the firm to custom design, manufacture and install complete LEED certified structures.

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.