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Foreclosure specialists are working closely with all the reo vendors

Nowadays, the foreclosure specialists are working closely with all the reo vendors in order to maintain the quality of the provided services; the reo properties must be protected from adverse weather conditions, vandalism and deferred maintenance. Therefore, as soon as a reo property has become available on the market, the vendor will be fully responsible in order to secure that particular property. The vendors will also have to inspect these properties and they have to do it on a regular basis. The vendors will also become quite familiar with the present state of a particular property and they will be able to help the potential buyer who will purchase bulk reos.

Posted by Cyndy Sujarit on 02/26/2008 01:05 AM

Comments (2)

reo, bulk reo, reos, real estate owned, forclosed, bank owned, short pay, short sell, lender owned, own, repo

Post is included in group: WEIRD LOAN AND COMMERCIAL MORTGAGE FORUM

2 Comments on Foreclosure specialists are working closely with all the reo vendors

JUN

2008

Hi my name is joshua, I work closly with a group that deals directly with a bank and is looking for qualified buyers who can prove they have money. Their protocol is very simple NCND, MFA, and a bank statement with the account number missing or scratched out. After this is done then homeland security makes sure your funds are legitimate, following this the bank does their internal vesting then your buyer will directly get a phone call from the bank. If this sounds like something you are interested in please feel free to e-mail me and we can set up a time to talk. My e-mail is josh@nwlsusa.com .

Min. order 50million-max order depending on what is currently avialible, will change depending on inventory

If this protocal does not meet your personal needs as a buyer or a buyers mandate, please let me know I also work with a gentleman who can pull product from a compiler.

Joshua Loeb

J. loeb inc.

josh@nwlsusa.com

818-428-1059

SEP

2008

Direct Bulk REO Source

We have established direct links to several institutions over the last few months. We have closed several deals in that time. We are finally seeing real capitulation on the institutional side when it comes to pricing. We have been dealing with fake buyers and are tired of it. We are no longer willing to jeopardize our relationships with our sources. All buyers must be able to prove that they are real. Our protocol is as easy as it gets. We are not a source for you if you are looking for somone to just send you a tape without knowing anything about your ability to take down the package. If someone just sends you a tape they are not real. "Tape chasing" is a terrible way to go about this business. If you get a tape it is most likely already sold, has been flipped once or twice, has been sent to you by someone not authorized to market the tape or is just plain fake. Feel free to contact us at info@CaliberREI.com if you are a buyer or are direct to a buyer. No chains. We are not a chain, so you don't be one either.

I also have a program for REO that can best be described as a clearing house. The buyer has the ability to take down a single property or up to a max of 50M. The buyer has complete control over the property selection. Each property comes with a state of the art due diligence package. This is a perfect and best opportunity I have seen for the smaller or individual investor.

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