Norberto Villanueva, Your Friend in Real Estate (Atlas Real Estate Group)

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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Run. They should not need your credit card and you will likely never see a closing.

Feb 06, 2018 10:17 PM
Ambassador
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

DON'T DO IT. There are so many scam companies out. A legitimate asset company won't ask you for money. 

Feb 06, 2018 08:48 PM
Rainmaker
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Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

I do not. Never heard of the company.  Whatever you do get their "deal" in writing and be prepared to lose it.  They have bigger pockets than you do, I would imagine, and fighting them to get the money they owe you will be time-consuming and costly. 

Feb 06, 2018 07:41 PM
Rainmaker
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

NO NO and NO as there is NO reason to give them a credit card. Preservation when done correctly, is either managed by the agent who pays their own vendors knowing first hand the work is done. If it is a national preservation, the company pays them direct not the agent. Preservation is never reimbursed on the HUD ever

Feb 07, 2018 05:29 AM
Rainmaker
528,347
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

You should not have to provide a CC for consideration to list REOs. EVER!
I've listed dozens upon dozens of them and never had to pay a dime. EXCEPT when, long ago, I spent money on 5 Star Certification (Google it) that generated no listings.
To get REO listings, you have to establish a relationship with the asset managers for the banks you want to work with.
Learn from my mistake and keep your credit card in your wallet. (I should be listening to my own advice when it comes to shopping. LOL)

Feb 07, 2018 03:10 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams fox cities - Stevens Point, WI
Forestland Experts! 715-204-9671

First I would not work for one of these reo outfits

Second, anyone who asks for a credit card for me to work for them is not likely to get a good response from me.

Feb 06, 2018 09:27 PM
Rainmaker
327,107
Diana Dahlberg
1 MONTH REALTY - Kenosha, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

I'm sorry.  I have not heard of them.

They say you need "deep pockets" to handle those types of transactions.

Feb 06, 2018 06:54 PM
Ambassador
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Fred Griffin
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

       I would be very hesitant to give my CC to people who contacted me.  If you proceed, I would suggest using a throw-away credit card that cannot be charged monthly.

Feb 06, 2018 05:32 PM
Rainmaker
1,322,126
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Area Real Estate

Hmm, seems like they are looking for someone to fund the repairs which should be them! It's their asset. They are asking you to be their bank & I wouldn't send it unless you find others that are working with them.

When working REO's you do have to cover the costs yourself until close.

Feb 07, 2018 05:33 AM
Rainmaker
252,209
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

No.  Doesn't sound like a win/win proposition at all!

Feb 06, 2018 08:09 PM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding and Marketing

Norberto,

No I have not, and I would ask for a reference. A

Feb 06, 2018 06:59 PM
Rainmaker
1,304,432
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Norberto Villanueva Save your money!!! Red Flag!

Feb 07, 2018 06:21 AM
Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

I do not advance fees for these types of operations. They are not going to profit on my dime!

Feb 07, 2018 05:50 AM
Rainmaker
463,867
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I have not Norberto Villanueva 

Feb 07, 2018 04:59 AM
Rainmaker
595,028
Joyce Marsh, Daytona Beach Florida
Premier Sotheby's International Realty - Daytona Beach, FL
Experts in Listing and Selling Waterfront & Luxury

Never heard of this company. I would be very cautious. 

Feb 07, 2018 02:41 AM
Ambassador
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Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Not as of yet and I do BPOs

Feb 06, 2018 05:22 PM
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Sorry, I don't.

Feb 07, 2018 06:11 AM
Rainmaker
2,734,258
Tony and Suzanne Marriott, Associate Brokers
BVO Luxury Group @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

no thanks!

Feb 07, 2018 05:52 AM
Rainmaker
4,396,969
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Nope.

 

Feb 07, 2018 05:50 AM
Rainmaker
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Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

new to me

Feb 07, 2018 03:31 AM
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Norberto Villanueva - not yet.

Feb 06, 2018 11:30 PM
Rainmaker
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Richard Weeks
Dallas, TX
REALTOR®, Broker

Never use them

Feb 06, 2018 05:28 PM
Rainmaker
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Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Have not heard of them.

Feb 10, 2018 11:06 AM
Rainer
3,916
Norberto Villanueva
Atlas Real Estate Group - Colorado Springs, CO
Your Friend in Real Estate

Immediately after posting this topic, I wrote the representative to with my findings, being no state registration and that the address provided was the same as a Regus facility (and suite) with no response. Of course, I wouldn't have engaged regardless, after determining the credit card upfront was unheard of based on your responses. Thanks for the valued feedback. 

Feb 09, 2018 07:10 AM
Rainmaker
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Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Los Angeles CA

No, I do not..

Feb 07, 2018 11:20 PM
Rainmaker
3,429,406
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I have heard the name but nothing good

Feb 07, 2018 02:39 PM
Rainmaker
1,004,842
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Sorry, none here.

Feb 07, 2018 08:46 AM
Rainmaker
4,067,558
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

no, I have not had any experience with them...

Feb 07, 2018 08:41 AM
Rainmaker
643,233
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

No, but I wouldn't pay anything upfront. My general attitude is: if they are so confident I will succeed based on their system (or whatever they're pushing), they should trust me to pay them out of my first sale when it happens! 

Feb 07, 2018 07:23 AM
Ambassador
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

No and don't do it, Norbeto! Earn your business the old fashioned way - by people...referrals!

Feb 07, 2018 06:43 AM
Ambassador
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I used to do BPOs but have never been asked for upfront cost.

Feb 07, 2018 05:05 AM
Rainmaker
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Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

No clue... it's not a business I do.

Feb 07, 2018 04:18 AM
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No.

Feb 07, 2018 03:41 AM