Special offer

Investors are you looking for Bulk REO'S? Pools of non performing assets are available now from Wall Street...

By
Real Estate Broker/Owner with Apex California Realty

Are you an investor looking for bulk purchases of non performing assets? We have small to large pools available direct from Wall Street's largest companies. This is a direct connection to non performing assets that are being sold off in bulk in lots starting at $20 Million.If you are interested in any of these opportunities we will need the following info from you to get started-

Signed NCND agreement

Letter of Intent on Company letterhead

Master fee agreement signed

Proof of funds-Letter on Corporate letterhead from Tax Attorney/CPA.

Brokers or agents will be paid IF you are one deep and only if you have the buyer and they are YOUR client!

No Daisy Chains!! If you don't have the buyer/investor please don't respond.

 

There are tremendous opportunities available right now for purchasing these assets for less than .40 cents on the dollar!

Bulk purchases only and to qualified individuals/companies only please.

WE have the inventory if you have or are the buyer!!

 

Regards,

 

Rick Goates

530-248-5627 

Posted by

Richard Goates

e-PRO

Eco Broker

http://www.inforedding.com

01251781

Comments(3)

Tom Montes
MGR Real Estate Services - Commercial/Residential - Rancho Cucamonga, CA

Thanks for all whom called me Inquiring about REO's , I 'd like to help all of you and for most i am helping we are moving right along...It feels good to hear the THANK YOU's after a buyer has received his product and everyone gets paid..Its a WIN WIN situation for everbody involved. This is an exciting business to be in right now...Please keep the calls comming in!!!!! Soon I will be assisting a seller with their REO's but selling in smaller blocks (2 or more) in Northern/Southern Cal......Products out there (most Satates) so call me ...Tom Montes (909)717-6131  Keep your eyes open for Tri-Mar Financial,Inc.    located in Rancho Cucamonga,Ca.................... (we will soon be   corpoarate in a very Large way !!  We will be assisting home buyers in all facets of Real Estate. we will have the lowest rates available, easy qualifications, Refi's, Purchases, 100% financing, No loan Mod-we Refi @ a low fixed !! (on individual bases) commercial etc...:)

TRI-MAR FINANCIAL,INC

Rancho Cucamonga,Ca.

Tom Montes

(909)717-6131

Call for details.....

Jan 20, 2009 04:25 PM
Armando Williams
Armando Williams - Anchorage, AK

are you still looking for bulk reo?

I am direct to bank trusts that can get custom bulk reo packages for you in any size. 5M-200B. These packages come from fannie and freddie mac and 10 other major institutions.
we have a pretty simple protocol.

PROTOCOL

 

 PAPERWORK

1) Return OUR NDNC, signed by involved parties –Buyers/Buyers Mandate/Representative—this does not need to  be notarize.

2) Submit LOI and MFA—must be notarized or witnessed by an attorney. On the LOI this is the REO Patriot Act Document of Authentication page.

 

PROCESS

1) William will call the contact on the LOI to verify the correct person (the banker/attorney/title co/buyers mandate ) for soft POF- NO ACCOUNT #’s, just name of the institution- to verify the correct contact info and confirm the buying person/group can perform. If Yes, goto #2.   If no, William will notify the person/group who brought in the deal to clarify the situation. If no clarity, the submission is dead.

2) Our Groups’ Attorney will speak to the buyer’s attorney or title company for hard POF.  Once completed, the order is submitted.

3) The Trust will send an email* before releasing the tape requesting hard POF and availability of funds. When buyer complies, the customized tape is sent.

4) Buyer is now in direct contact with the Trust/entity; they perform due diligence, and close.

 

Depending on how fast the 1st Attorney to Attorney Hard POF takes; Most packages close within 5 to 10 days.

 

*Here is what the Trust wants for Proof of Funds:: These same instructions come in the email from the Trust before they release the tape.  Comply and the tape is yours.

 

1. Banking or known financial institution as source to proof funds. They prefer that it not be a title company. If it is we need a copy of the wire transfer.

 

2. The signatory on the account needs to match name of the principal on the LOI and Fee Agreement. The funds need to be readily available.

 

3. The buyer should include the contact information for the person(s) that may be contacted for proofing. The contact person(s) should be notified who is authorized to procure the information and be available during regular business hours.

Please let me know if i can help.

Mar 05, 2009 05:16 PM
Al Ferguson
Atlanta, GA

We are a investment firm that represent a group of buyers we are looking to buy product out of California -we are looking mostly for commercial REO tapes, incomplete construction condos and apartments, incomplete construction loans, NPNs, PNs, and strip malls. We do have several sources of sellers of fresh product but we are looking for more deals. We don't provide proof of funds to reps or brokers only to principal seller. Please contact me at  al@highcapitolassets.com
www.highcapitolassets.com

May 19, 2010 09:14 AM