As most of us know ; there are quite a few Florida builders in financial trouble as dictated by the current market .
Now there is help available for them , you and me.
Please let me explain briefly.
I have access to a bank in Europe ; that is willing to purchase surplus inventory at loan value:
This can be single family,condos,town homes,milti-family properties Completed or not.
If collateral is not over leveraged.
This is a global bank: closing is Expedited by this.
A USA bank has already collateralized a loan with Property. Due diligence has already been successful as has title work.
THIS IS A CASH PURCHASE.THERE IS NO Contingent FINANCING.
Upon buyer's Acceptance of purchase , cash is deposited and dispersed though International counsel... in Orlando .
This is not a retail real estate transaction: but a liquidation of asset.
Thus a percentage of purchase Price (LOAN PAY-OFF AMOUNT) can be returned as seller incentive.
All parties are expected to be represented by independent counsel.
Description ( number of beds/baths)
type of unit
number of units
amount of financing owed.
If you assist in any referral of a builder that closes a transaction as stated above, you will receive a hefty referral fee.
These banks have millions available for this endeavor.There is no maximum on the number or value of units or subdivisions they are acquiring.
Please Contact me........Andrew Adam 407 301-1406