GPH Realty is engaged in the business of purchasing properties at foreclosure sales for investment. GPH travels to various parts of the country to research and analyze potential investment properties in states like Texas, Georgia, California and many more.

GPH looks for distressed assets (such as foreclosed property)since they are considered to be great potential for real estate investment because the bank or mortgage company is motivated to sell the property for at the price of what the borrower owed. This usually results in a price that is below market value.

However if a property is purchased above the amount owed, funds received over and above the loan amount by the lender goes to a state fund. The banks and lenders have no motivation to sell the property for more than what is owed since there is no direct benefit to them to sell it above the asking price. Therefore, lenders sell the properties at steep discounts to recover the loan balance.

Once a foreclosure property is purchased, GPH will then remodel the home to go above the living standards by repairing necessary items and replacing carpets, repainting as well as other things that may be needed to get the property in selling condition.

After all of the repairs have been made, GPH will place the foreclosed property back on the market and will list the selling price based on the current market value. When the property is sold, it is usually within the price range of the comparables in the area.