Below are some of the recently posted BULK REO packages that have become available. These move quickly so if you are interested please contact us at info@bulkreostore.com to verify availability and get started. New packages are added all the time so join our mailing list to have them emailed to you as soon as they become available and don’t forget we can put a custom package together as well
Regards,
Ed Bennett
BulkREOStore.com
A large South East bank is doing a quarterly disposition of a large number of assets. The assets included here consist of both residential and commercial notes and REO properties. These assets are being offered as either one-off transactions or pool transactions. If you choose to bid on a pool of assets, you must provide the allocated purchase price for each asset you have assigned to the pool.
Offers for our 1st quarter 2012 sale will be considered from April 20, 2012 through May 11, 2012. Offers will be reviewed and accepted throughout this timeframe; therefore it is strongly encouraged to submit your offer as early as possible.
Please contact me ASAP for additional details.
· 94 NPN Vacant homes. National product in 20 states. Priced at 11 cents on UPB for the entire pool or 36 cents on CMV by State.
· 201+/- NPN SFR seasoned defaults. Mainly SE. 34 different states. Available at 16 cents on the UPB or approximately 38 cents on the BPO. Ideal for mod, re-performing, buy and hold, or rentals. Available by State only.
· 22 SFR Rentals all located in a single city in the SE. Currently producing income of $90,000 NOI. Priced at $650,000 which represents a 14% cap including management.
· 300 NPN SFR National product on a monthly basis. Price points at 50 cent on the BPO and available by buyer criteria. Must be able to show POF although hard funds not required until offer is accepted.
· Regional SFR’s (deeds) available on a monthly basis. Government product direct. Lower price point product for rehab, resale, seller carry, buy and hold. CA, FL, TX by State. Price range 20-30 cent on the CMV. Requires buyer application and approval.
· 77 NPN Vacant homes. National product in 20 states. Priced at 16 cents on UPB for the entire pool or 38 cents on CMV by State. $821,440 for the entire pool. Ave. $10,660/door.
Contact us for more info: info@bulkreostore.com
We have a source that is regularly marketing Bulk REO Packages packages in the 100M – 250+M range. These packages are not found elsewhere on the internet and usually go very quickly. We are asking that interested bulk REO buyers get pre-approved so that these packages can be put in front of them as soon as they are available. To participate the buyer will first have to make a soft proof of funds with the contact name of the bank officer and after a conference call with the seller will be required to make a deposit with an Escrow Company in there name of about $20-$25M depending on the size of package you are interested.
If interested contact us at ed@BulkREOStore.com or 678-723-5068
A large South East bank is doing a quarterly disposition of a large number of assets. The assets included here consist of both residential and commercial notes and REO properties. These assets are being offered as either one-off transactions or pool transactions. If you choose to bid on a pool of assets, you must provide the allocated purchase price for each asset you have assigned to the pool.
A Buyer’s Premium of 1.5% of the purchase price will apply to all transactions in this sale (and all future sales), to be paid by the purchaser to the seller.
Offers for our 1st quarter 2012 sale will be considered from January 13, 2012 through February 8, 2012. Offers will be reviewed and accepted throughout this timeframe; therefore it is strongly encouraged to submit your offer as early as possible.
Please contact me ASAP for additional details.
Bulk Note Packages
The attached 3 Tapes are categorized by asking price. The asking price for:
1. $5.3 Million Nationwide NPN is 19% of UPB. No cherry picking on this Tape.
2. $3.7 Million NPN is 15% of UPB. This Tape can be cherry picked at higher pricing.
3. $3.5 Million NPN is 15% of UPB. This can also be cherry picked at higher pricing.
Answers to frequently asked questions (FAQ)
Source of this Tape: Private Individual.
Can be cherry picked? Yes. See above for details.
Tape Availability: Available now on first come, first served basis.
Procedure for acquisition: LOI to Seller of Record, SPOF and 10% of offer in escrow.
Fee: 3% for facilitators. Fee is Buyer’s responsibility.
Buy Bulk REO at the BulkREOStore.com
For Those Looking to Buy BULK REO
Nationwide Bulk REO Packages Made To Order!
Just wanted to inform you that we have a huge inventory of BULK REO’s and NPN’s all Nationwide! ($50Mill Minimum to Purchase). Our Source we’re working with now has 100% REAL PRODUCT and there 100% Deliverable when it comes down to business. They use a Sample LOI to fill out, once it’s filled out simply e-mail me back and I will set up a conference call with buyer and sellers mandate immediately.
We can definitely close a deal with this source im direct to with Product they “OWN”. If your looking for real BULK REOS/NPN’s right now we can provide inventory for you.
Custom Bulk REO Packages
LA MULTI_FAMILY Bulk REO Package
BANK OWNED PROPERTIES, DISTRESSED,
40-50 CENTS ON THE DOLLAR,
OFFER WITH POF, 10-14 BUSINESS DAYS DUE DILIGENT,
MANAGEMENT GROUP IN PLACE WILL MANAGE THE PROPERTY MINIMUM 1 YEAR,
HIGH CAP RATE
FINANCE WITH ANY LOI OR OFFER,
RARE DEAL
32 Secluded 2 acre Mountain View home sites near Ellijay, GA – Ellijay, Georgia
Asking Price: $1,000,000.00
Ellijay, Georgia
Mountain Top Subdivision
Incredible 35 Mile Views
All Infrastructure Complete
32 secluded 2 acre home sites
hardwood galore / wide paved roads
HWY 52, East Ellijay, 30 min to GA 400
1.25 hours from downtown Atlanta
Originally appraised at $3.6M, current tax value $1.4M
Please contact us at the Bulk REO Store for more information on this property
Bulk REO Apartment Communities Available
Fresno, CA 93726 s/f: 21,764 57 Units BPO: $1,400,000.00
Sacramento, CAs/f: 58,548 82-Units BPO: $2,310,000.00
Rancho Cordova, CA 95670s/f: 59,400 72-Units BPO: $3,100,000.00
Fresno, CAs/f: 61,736 105 Units BPO: $3,100,000.00
Pricing is 62% of BPO