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Our Seller Sources for Bulk REO Property


Seller Bulk REO Portfolios

Rest Assured – Only Verified Sellers We only deal with experienced investors and buyers. All sellers are pre-screened, pre-approved and prepared to consummate the transaction. We qualify every seller and buyer.  We do not recognize chains consisting of more than two brokers and we do not work with companies and individuals that have a history of trouble in our industry.   We believe that excessive fees and daisy chain brokering have been the reason for the majority of the problems that have tainted the REO business.  We have spent thousands of hours sifting through false promises and representations to protect you from False Sources. We maintain a Black List of buyers, sellers and intermediaries.

Source #1: Direct Bank Sources from $100,000 to $5 million

We Pull Inventory from many bank sources. Our Inventory Is Unique & REAL, We Don’t Offer “In Escrow” Tapes That Are Floating Around the Net.

Protocol: Buyer/buyer rep contacts us with an indication of interest, area and size. If available, we provide snapshot of portfolio that meets buyers criteria. If buyer is interested, we provide tape details to buyer and buyer provides commitment letter, bank letter or financial information proving capability to purchase

Source #2:  Intermedate Source for $1M to $5M Portfolios

Regional Bank Source  – We Are Direct to Seller.

Protocol: Buyer signs Seller package, and fee agreement. Intermediaries are added on sub fee agreement. Upon acceptance by Seller, Seller Escrow contacts Buyer and Buyer Mandate. Buyer provides Seller’s Escrow a bank letter stating buyer has available funds ready to transmit upon satisfactory receipt of tape. Seller Escrow releases tape to Buyer for review.

Bulk REO Listing Service

If you have a list of Bulk REOs that you would like featured on our website, contact us for details on our listing and verification process.   Contact Us and mention Listing Service,   We Are Looking For Additional Asset Manager Relationships. Direct Providers Only.