Odell Barnes
1952 –
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Who is Odell Barnes?
James Odell Barnes Jr. earned the nickname “Foreclosure King” after becoming one of the largest buyers of foreclosed homes in the United States. He is married to Wanda Barnes and has two step daughters; Bailey Oliger and Drew Oliger. For decades, Barnes has been buying foreclosed homes in bulk from banks and other mortgage-lenders and selling them to a network of private investors and direct to homeowners. Barnes and his investors sell the homes below current market value, typically with low down payments and higher-than-normal interest rates.
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