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RISMEDIA, August 7, 2009-Scott D. Coloney, president of the Foreclosure Response Team, has announced the formation of the “Global Buyers Group.” Introduced in Toronto, Canada this July, the Global Buyers Group has been created to establish a network of financially-sound investors who are interested in purchasing devalued real estate across the United States, particularly in the state of Florida. A national Realtor network with advanced short sale technology, training and loss mitigation services, the Foreclosure Response Team expedites the sale of residential and commercial properties facing foreclosure, with a specialization in short sale transactions. The company plans to tour key international markets including Canada, England, German and Russia, as well as South and Central America to present the opportunity to prospects.

“We started the Global Buyers Group in response to a market that has shrunk, and because of the fact that a lot of the buyers who purchased over the last three to four years, are now unable to buy real estate. Due to the pool of buyers decreasing in the U.S., we quickly realized the need to tap into a larger group of buyers and began to develop a Global Buyers Group. The Foreclosure Response Team will provide valuable information to international investors and buyers, while bringing new capital into U.S. markets, said Coloney. “In addition, because our business is Web-based, we have the opportunity to conduct business anywhere in the world, making it convenient for both the buyer and the Realtor,” he added.

For more information, visit www.ForeclosureResponseTeam.com or call 954-760-4888.

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