Min. purchase - $10 Million
- Proof of Funds – Funds must be verified prior to placing an order
Please note: The
Buyer name and/or Company name (If a corp. will need state ID# to verify incorporation)
Bank name, Bank rep name and contact info
Account number - Min. last 4 numbers.
proof of funds documentation must include:
All of the above are required in order to verify funds.
- Signed Fee Agreement
- Purchase Order
A purchase order and signed fee agreement must be presented within 24 hours of verified proof of funds.
Purchase order to include:
Price will pay (IE: $.75-$.85 cents on the dollar)
Asset Type – SFR, Multi-Family, Commercial, etc.
State, County, City, Zip Codes
Asset Value Range
- 4 to 5 business days to customize a portfolio based on purchase order preferences
- 48 hour exclusivity to view & decided if you want to move forward with notes and/or REO’s presented.
- If you want to purchase the portfolio, within 24 hours, 1% of the value of the assets must be deposited into an escrow account. ( Chicago Title or Stewart Title Only)
- Upon receipt of deposit into escrow account, will provide all documents (usually electronically) for due diligence. (Deposit is 100% refundable if in due diligence process do not want to proceed)
- Maximum Due Diligence Time – 10 Days (on 10th day remaining balance must be deposited into escrow)
ADD’L NOTES:
If in you discover some assets are unacceptable they can and will be replaced with a new asset. This option is only available either during the 48 hour review of the portfolio or within 3 days of the due diligence process, otherwise all assets must be purchased.
Fernando Young
424.259.3733
Acquisition Director
Click on link to get more info.
http://budurl.com/socalhartfordinvgrp
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