black list of bulk reo sellers
Performance Notes

United States

#43 Aug 10, 2009
Hello,

I recently picked up 3 selling sources who can prepare up to 500 trillion in REO's. And another selling source who can also get portfolios of NPN,and PN of the amounts of 1 trillion. As in my state im not called a broker. Also all of my sellers require a LOI and POF for the spreadsheets of properties and notes. But before that is even needed they can get you on the phone with the original sellers to have proof of product. If you would be interested in this please give me a email back with your contact infomation and I will get into contact with you tommorrow on the phone with all of the details. And ask some questions to better connect you with a seller who will have exactly what you are looking for. Thanks and have a great day!
scottM

San Clemente, CA

#44 Aug 11, 2009
the funny thing is in your post, you say 500t, just so you know, all residential loans in the US is only 15t. I would assume that you are new in the bulk reo world and I hope that you could do some home work before you send a post like this out. Good Luck with that 500T, does the T stand for a good T steak? And is the commision +3, if so i want in!!!!!!!
mdmarkle

Naples, FL

#45 Aug 16, 2009
kingconsultant wrote:
Can you provide me with a true seller? [email protected] <quoted text>
True seller's are rare. We can't deliver "any" product, but w have true access to many products. Let us know what you are seeking and we'll help.
[email protected]
mdmarkle

Naples, FL

#46 Aug 16, 2009
Thomas L wrote:
I am part of an investor group with $10mil to spend on a socal tape. If you have it, I have the potential to tap into a large asian fund over $100mil. You have one opportunity to proove it's real and if so, it can go a long way. I am getting tired of all the phoney sellers out there. Please email me at [email protected] only if you can deliver a verifiable seller.
So Cal tapes are hard to find right now. But if they want "true" bank tape we can get it. The price point is around .70 + 3. E-mail me at [email protected]
mdmarkle

Naples, FL

#47 Aug 16, 2009
Performance Notes wrote:
Hello,
I recently picked up 3 selling sources who can prepare up to 500 trillion in REO's. And another selling source who can also get portfolios of NPN,and PN of the amounts of 1 trillion. As in my state im not called a broker. Also all of my sellers require a LOI and POF for the spreadsheets of properties and notes. But before that is even needed they can get you on the phone with the original sellers to have proof of product. If you would be interested in this please give me a email back with your contact infomation and I will get into contact with you tommorrow on the phone with all of the details. And ask some questions to better connect you with a seller who will have exactly what you are looking for. Thanks and have a great day!
This is everything that is bad about bulk REO right now.

Since: Jan 09

United States

#48 Aug 16, 2009
Lol, I do not know why a lot of people even attempt to find other buyers and sellers. For one, buyers can just go to a large bank and find out if they have properties that are now banked owned themselves...Think they would want to spend money on another to gain something they can do their elves? And for sellers, if the bank wants to work with someone they will. If they dont, then they wont...Should stop wasting your time lol
Joseph Hale

Austin, TX

#49 Aug 19, 2009
I have reviewed a few of the bulk REO intermediary sites and information packages. How can these intermediaries be qualified? If I am to supply confidential financial information to anyone, I need to know that recipient is qualified as an intermediary with actual relationships to provide real REO information and facilitate a bulk REO transaction.
We are interested in bulk REO purchases in Texas. We are willing to submit financial qualification from a nationally recognized financial institution as proof of substantial liquidity POF, and sign a NCND for specific potential transactions. We are interested in an initial transaction not to exceed $2MM. Are there real bulk REO sellers that will work on these terms? We are real cash buyers with liquidity that substantially exceeds our initial transaction limit. For information: www.HaleHoldings.com
Jason Gray

Fresno, CA

#50 Sep 3, 2009
The only thing you need to ask the "sellers" of bulk reo is this:

"show me you've closed something" or a common variation of that would look like:

"who's the person at Chicago Title that you've closed with"

If they act stupid or give you excuses tell them to get lost.

We get alot of people who've never closed one bulk reo deal because they didn't ask those questions to start with.

The rest of the buyers never close because they think they can get properties for more than the market value of the homes.(10% or 50% of FMV)

The banks only sold for so cheap because they were headed out of busines so they had a fire sale to liquidate and build up captial quickly.

Have fun!

If your serious about reos shoot me a quick email...

On my site

Jay Gray
http://sillypricessweetdeals.com
Master REO Lead Generator

Spartanburg, SC

#51 Sep 5, 2009
Jason Gray wrote:
The only thing you need to ask the "sellers" of bulk reo is this:
"show me you've closed something" or a common variation of that would look like:
"who's the person at Chicago Title that you've closed with"
If they act stupid or give you excuses tell them to get lost.
We get alot of people who've never closed one bulk reo deal because they didn't ask those questions to start with.
The rest of the buyers never close because they think they can get properties for more than the market value of the homes.(10% or 50% of FMV)
The banks only sold for so cheap because they were headed out of busines so they had a fire sale to liquidate and build up captial quickly.
Have fun!
If your serious about reos shoot me a quick email...
On my site
Jay Gray
http://sillypricessweetdeals.com
Jay is right he does know what he is talking about we have done business and it went great!!
David Marasco

Chula Vista, CA

#52 Sep 16, 2009
We'd be happy to answer any and all of your questions and give you referral resources as well. We've heard them all so please don't be afraid to ask.

To view some of the pools that we currently have available go to the following web address and register with access code: producer

http://socal.propertytapes.com
access code: producer

If you are interested in moving forward you will have a conversation with the company's CEO Bryce Prescott and he will go over in detail what you can expect.

If you have any questions or comments please let me know...

David
[email protected]

Since: Jul 09

Las Vegas, NV

#53 Sep 16, 2009
In corporate finance or aspect of the % of closure is always subject to the state of readiness of clients is to meet investor approval criteria or investors ability to buy.

Just a fact from Globalcrossroadscapital.com

The only thing you need to ask the "sellers" of bulk reo is this:
"show me you've closed something" or a common variation of that would look like:
"who's the person at Chicago Title that you've closed with"
If they act stupid or give you excuses tell them to get lost.
We get alot of people who've never closed one bulk reo deal because they didn't ask those questions to start with.
The rest of the buyers never close because they think they can get properties for more than the market value of the homes.(10% or 50% of FMV)
The banks only sold for so cheap because they were headed out of busines so they had a fire sale to liquidate and build up captial quickly.
Have fun!
If your serious about reos shoot me a quick email...
On my site
Jay Gray
http://sillypricessweetdeals.com
Frank

Blackwood, NJ

#55 Nov 11, 2009
Mike wrote:
<quoted text>
I am looking for REO buyers. I am selling for 30 cents on the dollar. Mike [email protected]
If you are a true seller contact me ASAP
Frank

Blackwood, NJ

#56 Nov 11, 2009
If anyone out there is a true,real seller please contact me ASAP
[email protected]
Susan

Irvine, CA

#57 Nov 21, 2009
Thomas L wrote:
I am part of an investor group with $10mil to spend on a socal tape. If you have it, I have the potential to tap into a large asian fund over $100mil. You have one opportunity to proove it's real and if so, it can go a long way. I am getting tired of all the phoney sellers out there. Please email me at [email protected] only if you can deliver a verifiable seller.
Tom L. We have what you need. Call direct at 888 330-3668 or email: [email protected] I look forward to hearing from you!
Susan

Irvine, CA

#58 Nov 21, 2009
mdmarkle wrote:
<quoted text>
So Cal tapes are hard to find right now. But if they want "true" bank tape we can get it. The price point is around .70 + 3. E-mail me at [email protected]
The price point is lower depending on the relationships and volume.

If you are a buyer looking for lower price market value properties in So Cal email me at [email protected] or call 888 330-3668.
Rhea

Bethpage, NY

#61 Dec 3, 2009
Direct Platform wrote:
www.cfreg.com
A real property list for real buyers. Purchase 1 or more properties at a time. Close within 3 days.
Average cost 14K ea.
I am sorry but your website does not work.
Rhea

Bethpage, NY

#62 Dec 3, 2009
If you have or are real buyers....
If you have real HARD POF with FDIC bank...

EMAIL ME..
WE HAVE WHAT YOU ARE LOOKING FOR NW, NY, CA, AZ, TX YOU NAME IT.

ALL TAPES ARE FIRST COME FIRST SERVE.

****ONLY CONTACT ME IF YOU ARE REAL.****
Rhea

Bethpage, NY

#63 Dec 3, 2009
MY EMAIL IS: [email protected]
T Montes

Ontario, CA

#66 Jan 4, 2010
We are looking for other Selling sources, I have buyers...! Ca. Nv. Az. REO's and /or NPN's for Commercial, 4+ SFR Apartments, wharehouses, strip malls... [email protected] 9097176131

Since: Jul 09

Las Vegas, NV

#67 Jan 4, 2010
In 8/09, Thestreet.com reported the FDIC only had $30B of assets to sell.

For the rest of the story google;

Globalcrossroadscapital.com asks "Why buy REO's when you can buy the banks that own the REO's?"

or google

Globalcrossroadscapital.com profiles 3 REO/Note Purchase Finance sources

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