Fannie Mae Bulk-REO and NPN Under the New Program, Fannie Mae: Is unloading a large portfolio of REO and NPNs; both residential and commercial starting from August 2, 2010: SFR REO in CA is between 40-45 | other states 30-40 (some areas are low 40s) Purchase: No less than 5M and unlimited No pass-thrus allowed [...]
Custom bulk-REO tapes & notes We submit custom orders directly to Seller’s Mandate / Asset Manager of major banks, some smaller banks. Our buyer will have exclusivity to review and purchase a custom tape Orders can be placed for SFRs, multi-family, apartment complexes, commercial properties or notes in any state We need POF / LOI / [...]
Buy Our buyers are ready to buy the following: 1M-2.5M Southern California (Los Angeles, Orange County or Riverside) SFR (up to 4-plexes) Target 60+3; any conditions; up to 70% BPO 50M-1B California SFR Bulk Target 45-55+3; 0-med rehab; due-diligence 7-days 100M California SFR Bulk Target 55+4; due-diligence 20-days up to 1.5B California (can be Nationwide) [...]
Buy Our buyers are ready to buy the following: 1-1.5M Southern California (Los Angeles, Orange County or Riverside) SFR Target 60+3; any conditions 25M Southern California (Los Angeles, Orange County or Ventura ONLY) Multi-family Bulk Target less than 60; 0-med rehab 50M-1B California SFR Bulk Target 45-55+3; 0-med rehab; due-diligence 7-days 100M California SFR Bulk [...]
Our Buyers Currently we have the following buyers with LOI/POF: (2) 10M S. Cal 55-65+3 SFR (2) 100M S. Cal 55-65+3 SFR Within 7 days; our buyers are getting LOI/POF ready for: (1) 25M S Cal 50-60+5 Apartment Complex (1) 250M S Cal 55+4 SFR Our Sellers Within 7 days, our sellers will be releasing [...]
SELL us your $1M – $1B+ bulk-REO tapes We want to BUY the following Bulk-REOs all the time: 25M-1B+ California bulk REO tapes: Single family residential on a regular basis. Must be less than 60% BPO including fees. 5M-25M California bulk REO tapes: Single family residential; frequently. 10-100M Southern California bulk REO tapes: Single family [...]
BUY our $25M – $1B+ bulk-REO tapes We SELL the following Bulk-REOs all the time: 25M-1B+ California bulk REO tapes: Single family residential on a regular basis. 45-60% BPO We need POF / LOI from Buyer’s Agent.