« Current 15 Jan List SOLD Week Ending 1 Feb – Hot Drop and Bank REOs – SOLD »

Hot Drops and Open Packages SOLD

1. 1/22/08 – NATIONWIDE NP NOTES POOL OPEN!
$14M VALUE SELLING AT 35% + 3
1ST LIENS

2. 1/22/08 – DFW, TEXAS REO PORTFOLIO OPEN!
$8M VALUE SELLING AT 65% + 3
103 SINGLE FAMILY UNITS
100% RENTED AND REHABBED
$76K MONTHLY RENT

3. 1/22/08 – ATLANTA REO PORTFOLIO OPEN!
$10M VALUE SELLING AT 60% + 3
44 SINGLE FAMILY UNITS

4. 1/22/08 – CORAL LAKES, FL NEW CONSTRUCTION OPEN!
$29M VALUE. SUGGESTED OFFER 44% + 3
120 SINGLE FAMILY UNITS

5. 1/22/08 – WELLINGTON, FL NEW CONSTRUCTION OPEN!
$2M VALUE SELLING AT 64% + 3
8 SINGLE FAMILY UNITS

6. 1/22/08 – BRANSON, MO NEW CONSTRUCTION OPEN!
$15M VALUE SELLING AT 66% + 3
117 SINGLE FAMILY UNITS

7. 1/22/08 – OVIEDO, FL CONDOS OPEN!
$5.7M VALUE SELLING AT 52% + 3
23 UNITS
FULLY REHABBED
93% RENTED

8. 1/22/08 – TAMPA, FL CONDOS OPEN!
$28M VALUE. ASKING PRICE IS $21M + 3
230 UNITS. 1 & 2 BEDROOMS
85% OCCUPIED AND STILL RENTING
$2M RENOVATIONS TO THE PROPERTY
USF AREA

9. 1/22/08 – TAMPA, FL CONDOS OPEN!
$44M VALUE. ASKING PRICE IS $27M.
213 UNITS. 1,2 & 3 BEDROOMS
85% OCCUPIED
USF AREA

10. 1/7/08 – CALIFORNIA FORECLOSED LAND OPEN!
$2.3M VALUE SELLING AT $1.496M + 3
46 ACRES DIVIDED INTO 4 LARGE PARCELS
CAN BE PURCHASED TOGETHER OR SOLD SEPARATELY
PROPERTY BACKS UP TO NATIONAL FOREST
$250K OF ROADS RECENTLY PUT IN
BREATHTAKING WATER VIEWS OF LAKE ELSINORE
FASTEST GROWING AREA OF SOUTHERN CA

11. 1/4/08 – FLORIDA NEW CONSTRUCTION OPEN!
$41M SELLING AT 47% + 3
96 SINGLE FAMILY HOMES
FORT ST. LUCIE, DAYTONA BEACH & OTHER AREAS
AVG. SALE PRICE IS $378,000
DEVELOPER STANDING BY TO CLOSE!

12. 1/3/08 – NP NOTES PORTFOLIO LOI/POF
$75M VALUE SELLING AT 12% LTV + 3
APPROX. 2900 NOTES
MAJORITY ARE 2NDS
GREAT OPPORTUNITY FOR PROFIT!

13. 1/3/08 – NATIONWIDE REO DD
$100M VALUE SELLING AT 47% LTV + 2
Property Values $200K and up

14. 1/17/08 – BUILDER BUYOUTS OPEN!
We currently have approximately 17 Builder Buyout
portfolios available in the following states:

State # Portfolio Values LTV’s
California: 4 $2.8M to $10M 70-75%
Nevada: 4 $4.1M to $23M 65-68%
Arizona: 2 $5.6M to $37M 65-68%
Florida: 6 $5.6M to $30M 55-75%
N. Mexico: 1 $12.9M 77%

STATUS KEY:

OPEN!: BUY NOW BEFORE SOMEONE ELSE DOES! FIRST COME FIRST SERVED!