SEND ME A EMAIL AND I WILL SEND YOU THE STATE OF YOUR CHOICE.
The attached spreadsheets of REO's are available at 66% (add what you want) of the cash price.
The cash price is the Bank's value of the assets. It is not the BPO value.
In most cases the cash price is less than BPO values.
Please note there are some assets w/o prices, those are unavailable.
NOT the buyer? Secure your fee w/your buyer*
PLEASE DON'T BLAST & NO Chains*
The price is negotiable with larger orders according to the Seller. All I need is a LOI and the ability to provide POF when needed. This is not bidding game, its FiFo.(First In, First Out)
THIS IS A REAL SIMPLE PROCESS, PLEASE DON'T WASTE MY TIME.
AND I WILL NOT WASTE YOURS.
SEND ME A EMAIL AND THEIR YOURS...
Fernando
Acquisition Director
424.259.3733
Showing posts with label Bulk Reo's. Show all posts
Showing posts with label Bulk Reo's. Show all posts
Friday, July 22, 2011
Friday, May 6, 2011
We now have access to Fannie Mae assests
We now have access to Fannie Mae assests
.
Purchase Protocol for Non Performing Notes & REO’s:
Min. purchase - $10 Million
- Proof of Funds
- LOI w/Buyer Criteria
Proof-of-Funds must accompany the LOI.
- Signed Fee Agreement & NCND
Once the POF has been verified, a signed fee agreement and a NCND must be presented within 24 hours.
LOI / Buyer Criteria to include: (Sample) – Be very specific!
Price will pay for assets (IE: Up to $.75 cents on the dollar)
Asset Type – SFR, Multi-Family
State, County, City, Zip Codes
Asset Value Range, ETC
- 72 hours to customize a portfolio based on LOI / Buyer criteria
- 48 hours to view & decided if you want to move forward with notes and/or REO’s presented.
- If you decide to purchase the portfolio, within 24 hours, 1% of the value of assets must be deposited into an escrow account at Chicago Title.
- Upon verification of the deposit into the escrow account, all due diligence documents will be provided. (Due diligence documents will be sent electronically whenever possible. )
- Maximum Due Diligence Time – Ten (10) Days
On the eleventh (11th) day, remaining balance, the other 99% of the value of assets, must be deposited into escrow. No extension will be granted for any reason.
ADD’L NOTES:
If 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.
If you do not purchase the portfolio, the initial deposit is 100% refundable within 3 days of the due diligence process only. Otherwise, the 1% deposit will be forfeited.
Fernando
Acquisition Director
424.259.3733
Great Networking Site for Real Estate Investor's.
http://budurl.com/socalhartfordinvgrp
.Purchase Protocol for Non Performing Notes & REO’s:
Min. purchase - $10 Million
- Proof of Funds
- LOI w/Buyer Criteria
Proof-of-Funds must accompany the LOI.
- Signed Fee Agreement & NCND
Once the POF has been verified, a signed fee agreement and a NCND must be presented within 24 hours.
LOI / Buyer Criteria to include: (Sample) – Be very specific!
Price will pay for assets (IE: Up to $.75 cents on the dollar)
Asset Type – SFR, Multi-Family
State, County, City, Zip Codes
Asset Value Range, ETC
- 72 hours to customize a portfolio based on LOI / Buyer criteria
- 48 hours to view & decided if you want to move forward with notes and/or REO’s presented.
- If you decide to purchase the portfolio, within 24 hours, 1% of the value of assets must be deposited into an escrow account at Chicago Title.
- Upon verification of the deposit into the escrow account, all due diligence documents will be provided. (Due diligence documents will be sent electronically whenever possible. )
- Maximum Due Diligence Time – Ten (10) Days
On the eleventh (11th) day, remaining balance, the other 99% of the value of assets, must be deposited into escrow. No extension will be granted for any reason.
ADD’L NOTES:
If 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.
If you do not purchase the portfolio, the initial deposit is 100% refundable within 3 days of the due diligence process only. Otherwise, the 1% deposit will be forfeited.
Fernando
Acquisition Director
424.259.3733
Great Networking Site for Real Estate Investor's.
http://budurl.com/socalhartfordinvgrp
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