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Serious buyers ONLY please.
I am selling portfolios on behalf of the asset managers from Banks. These portfolios are not posted anywhere and will ONLY provide to the serious investors. These go VERY FAST. SAME DAY SOLD.
Procedures for obtaining any porfolios are as follows:
1) Serious investors MUST have fund in the FDIC bank NOT title company.
2) Fund must be verified by bank official
3) Bank statement alone is not good enough
4) Investor must provide official bank letter stating that the investor has the fund available to execute the transaction(s), provide bank info, along with bank officer signature and phone number.
5) Bank will review and call many times to verify funds
6) Once it is verified, bank will provide porfolio for 24 hours review
7) If the investor is interested in the porfolios, the investor must make a deposit of 10% the following day.
8) The investor has 5 days for DD.
9) After the DD period, the investor must close the porfolios within 48 hours or loose the deposit.
10) Bank selects their own title company for closing.
THERE IS NO DEVIATION FROM THE ABOVE PROCEDURES....
ALL of the portfolios need HARD POF- verifiable bank letterhead with signature and a dollar amount available - plus ALL of our agreements. NO more transactional funding, wet funding, day funding, simco funding or monopoly money.
We will need these docs signed AND witnessed for ALL buyers - We are now REQUIRING these procedures for every buyer BEFORE disclosing the seller or releasing ANY portfolio - no EXCEPTIONS.
Direct Buyers and Direct Seller Rep ONLY... No intermediate....
Location: SoCA, CA, NY, NV, AZ, FL, and most urban cities.
