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We at CCG wanted to take a moment to say hello and wish you a wonderful 4th. I know this is early, but we will be too busy having fun with family and friends (we hope you will be to) so I just want to say have a great time and we hope you take a moment to reflect on what Independence Day means to you.
As a Combat Veteran myself I wanted to personally thank all the veterans for your service. We salute you for putting your lives on the line so this day continues to have meaning....Hoorah!
We at CCG value your business and will work hard on establishing ourselves as a vital and integral part of your success. With a strategic growth plan in place and explosive growth within our organization.
We have added Real Estate investment companies in Orlando, Chicago, San Diego and New Jersey as well as Real Estate Brokerages in New Jersey, Chicago and Orlando.
If you are a Realtor in the States listed above and want to be part of a steller team call to learn more today. If you are an investment professional and feel you can add more to our bottom line please email your resume to Brian@myreocountrywide.com
Attention Realtors: CCG has launched Countrywide Realty Partners, LLC a 100% commission Real Estate Brokerage.
Check outthis TREMENDOUS Hotel Deal!!! Another Fee simple ( via Deed-in-Lieu ) hotel ready for you to purchase NOW!!! We have yet again succeeded in negotiating another HUGE DISCOUNT on the acquisition of the note and have worked out a deal with the seller for the Deed. A clear path to title to YOU!!! This is a 68 Room Interior Corridor built in the last 13 years. Currently Flagged. Current value of $4.2M we are selling this at $3.5M which translates into over an 11% cap!(393k NOI) EBITDA (4) 495k (Valdosta, Ga) Our Management team is ready, willing and able to run this hotel for you - call to discuss.
Click Here and you'll find anotherTremendous Value AddedFlorida Hotel we can get to you IMMEDIATELY!!! We have the seller in our pocket on this property and just received the note purchase approval today after months of working on this opportunity. I am giving you first bids on it.
This is a just approved note sale and we can obtain a Deed In Lieu on it immediately so DO NOT HESITATE on this one. We expect the offer should be close to 2.5M to get this beautiful hotel and property. A minimum bid of 2.2M would be an 8+ cap. This great hotel has a HUGE upside and we have laid the path to clear title for you. You will Purchase a NOTE but with the coordinated DIL in hand making this an asset sale!
Just in and freshly assigned with a receiver. We have the inside track and this 79 room interior corridor (Choice Flag) hotel is located near Tampa. CALL to inquire on this fresh hotel.
Florida Bulk REO offering
These are unlisted. These are HAIRY DEALS. Low balance properties. Good for rentals. This is for the value added buyer. These require work. If this is not in your wheel house save us both time and do not ask me a million questions. Average home is 600-1000 square feet. Requires buyers to perform their own DD. We warrant nothing, should a house is demolished/torn down it will be considered a kick out and buyer is not required to purchase vacant land. We want to sell in bulk however will consider selling counties.
Attention Investors: If you are seeking an alternative investment strategy and would like to learn how we deliver consistant 10% ROI in secured investmenst click here
WE ARE SEEKING PERFORMING CLASS A MF NOTES
48 Florida Residential Non Performing Notes
Selling these notes at .62 of current BPO. All docs in house and ready to be sold. Looking for 72 hour close. Buy one note or buy them all. If you need help turning these notes over (turning a non performing note into a performing note to generate cash flow) or executing a number of other exit strategies please call to discuss your goals and our strategies.
Florida MF Notes:
Non Performing Notes:
FRACTURED CONDO- 51 units Class “C” apartment complex housed within five bldg in 1.25 acre site The appraiser utilized 2 different valuation approaches; a) Sales comparison approach indicated an as is value of $1,580,000 and b) the income capitalization approach indicated an as is value of $1,450,000 (appraiser utilized 20% vacancy and collection loss which yielded an EGI of $504,816 less $388,700 in expenses for an NOI of $116,116....cap rate utilized was 8%). Appraiser then reconciled both of these valuations to a final value of $1,550,000 which includes approximately $20,000 in FF&E.
SMALL APARTMENT COMPLEX- Hialeah The subject property is a 9 unit apartment building built in 1970 on a 6,750 square foot site. The building is 3 stories; the 1st floor contains three 1 bedroom/1 bath units. The second and third floors contain six 1 bedroom/1 bath townhouse units with a den; the den is typically used as a second bedroom. The property was reportedly 100% occupied as of the appraisal date. Note Status: The loan is currently matured as of 02.01.2012 and has been approved for 12 month modification with monthly principal and interest payments of $4,824.64 based on a 20 year amortization. The paperwork is currently out with the borrower for signature for this modification. The maturity date of this modification is 03.30.2013. Balance of Note: 675k
Clearwater, FL : There are 10 non-owner occupied residential properties held as collateral on this loan. The borrower leases the properties. Note Status: The loan matured on 10.22.2011. We have committed and are in the process of modifying the loan for a period of 12 months with monthly payments of principal and interest of $5,327.59 based on a 25 year amortization at the current note rate of 6.50%. Note Balance is 850k
From the desk of Robert Vazquez
For those of you who have requested information please be patient as we have had overwhelming demand recently. If you have requested additional property details or information we prioritize our efforts to those who follow our protocol. If you complete the protocol (see protocol link attached to email) you will move up and receive the requested details. This will make the process work as designed and you'll be able to conduct your due diligence effectively and timely! You can then submit your bids and secure the deal. Just a clarification to the protocol policy. Signing the NDA alone will not satisfy the protocol but it is a good starting point. Along with the NDA please include the POF and a soft LOI (letter of interest/intent). That will get you first priority and your delays will be minimum at best. Good luck and thank you for your interest in our deals and your cooperation.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.