Econohomes returns distressed residential REO properties to productive use. We do this by purchasing residential REO properties in large volumes and then reselling them to qualified purchasers. Our clients include local real estate investors, prospective homeowners, and a limited number of qualified bulk buyers. To support our customers, we have developed a comprehensive offering of financing solutions and resale-related services. Econohomes has developed trusted relationships with mortgage lenders and servicers that sell us REO properties at deep discounts because we have a proven track record over a number of years, an experienced management team, and are well funded. Econohomes, headquartered in Austin, Texas, has resold homes in 30 states. Econohomes is a wholly-owned subsidiary of Visio Limited.