Posted about 15 years ago

100 Million Minimum Order BULK REO

Protocol Update:

ONLY FOR THIS LENDER!!!

100 Million Minimum Purchase order-no Max....I'm advised, SFR

Buyer Provides LOI, with desired Price point, location and property type.

(you can single out a location or choose nationwide)

Lender compiles Tape: 3-5 days.

(this point NO POF, no monies in escrow, no deposits of any kinds!!!!)

We receive tape, proceed with NDA, MFA (master fee agreement)

WE PUT YOUR BUYER ON THE PHONE WITH THE LENDER!!!

Buyer satisfied, we proceed with purchase contract and deposits.

2-5 days DD period

My Role in this transaction: IM Direct to seller rep

DO NOT GET ACCUSTOMED TO THIS PROCEDURE! AS NORMAL PROCEDURE IS LOI AND VPOF