I don’t know about you, but I am sick and tired of all the BS and wasted time dealing with fake buyers and sellers for bulk REO lists, so we’re changing the game.
We’ve completed our latest acquisition: 249 properties in all the states you’ve been asking for. Now is your chance to SET YOUR OWN PRICE- YOU decide what you’re going to pay- YOU decide the LTV, YOU do the due diligence, YOU control the deal.
The process is pure, clean, and simple.
- Enter your contact info in the box below to have the full list of addresses and a contract emailed to you. (This has been removed as auction is over)
- Do your own due diligence
- When you’re ready to place your bid simply complete the contract and wire your bid to us.
- Bidding ends this Thursday (10-30-08) at 5:00pm EST. The highest bidder wins the portfolio.
- Everyone else’s funds will be wired back to them promptly the following day, Friday.
Bid to win, but BID SOMETHING- you can’t win if you don’t play. Think it’s only worth $1000/house? Great, bid $249K. Have buyers lined up that are going to buy them from you for top dollar? Great, bid $20K a house. YOU set the price and YOU control the deal.
If you are a broker or an intermediary have an agreement in place with your bidder to get paid. I know many of you have been working hard to close deals and have been the victim of deadbeat buyers yourself. Save yourself the hassle! Get an agreement signed with them, direct them to this post, and be done with it. If they don’t bid SOMETHING then they’re not a real buyer anyway- move on.
Abdul Karmach, Principle
Sunrise Property Group, LLC
P.S.-This list is completely new. All properties are completely unseen, not some recycled rejects that other investors have turned down. These newly acquired properties are being released for the first time in this offering, so don’t miss out… and kick yourself for the next six months.
P.P.S-By the way, they will be definitely sold to the highest bidder next Thursday, October 30, 2008. So don’t dilly-dally around … move on this NOW!
Just wanted to chime in on what you’ve got going on here, based solely on my experience and what I gleam from recent coversations I have had with associates on both side of the equation.
I think you might really be onto something with this “sealed bid” kinda system you’ve created. It gives a legit buyer and a legit seller a genuine shot at actually closing a deal without all the BS that generally kills 99% of REO Bulk deals out in the field. To me, the system seems to favor the buyer since whoever submits a bid, it is a number that their due diligence dictates and works for them — not the seller. No matter who wins, they’ve got to be happy.
I’ve been in the REO bulk “trenches” now for about a year. When I first started hooking up buyers with REO bulk sellers, the sellers had the hammer and wouldn’t blink an eye w/o proofing up the buyer first. More often than not though, when it finally came down to getting the deal to close, the sellers turned out to be BS and the deals fell apart. Buyers wasted Hundreds of man hours and many thousands of dollars in due diligence, and not just once. Buyers understandably grew skeptical of any and all sellers and have since stepped up their due diligence on the seller which has further muddied the waters in getting deals to get done. It wasn’t long before buyers started proofing up the sellers and asking to get assurances and references directly from principles or the mandate over the phone.
Worse yet, and this is why I think you’re onto something here, I’ve noticed that lately some of tapes I get for buyers somehow seem to get “pirated” by rogue brokers or agents with no authority to close and sometimes without knowledge of who the source, the bank or the seller is! Maybe there’s just to many intermediaries, I don’t know. These pirates cherry pick and submit these bastardized tapes under false pretenses to legit buyers and everything goes sour from there. It’s a mess, and creates a lot of grief and lack of trust for the vast majority of the legitimate sellers, buyers and the intermediaries playing by the rules and trying to get deals done.
With your bid system, a buyer who did their homework and felt comfortable submitting a bid for X amount per property
(even if the bid is only based on 40% of the properties on the list) if he’s the highest bidder…bingo…the deal (with ALL of the properties in the package) closes and everyone moves on to the next deal. And that’s what this is all about. Doing deals seamlessly and lots of ‘em. Your system seems to be perfectly set up to do that.
So, Kudos to you, I think you’ve found a way to clean up the BS factor associated with REO Bulks and elevate the closing ratio on these package deals.
Looking forward to be a part of some winning bids very soon.
Good Luck! FB
How do I get a list of houses in the Orlando area?
Here’s what to do:
1. If you don’t already have the list of properties, click HERE.
(I clicked here and it goes back to your site, is there really a list of properties??)
2. Select the properties you want.
Andre, just enter your information into the box above and click, “Send me the list” and it will be automatically emailed to you.
See from above:
1. Enter your contact info in the box below to have the full list of addresses and a contract emailed to you.
send me the list
I would like a list for VA.
Please sent me your bulk REO’s list, and the addresses of the properties that the winning bidder obtained & now wants to sell.
privateinvestor@peoplepc.com
Hello, we don’t release private purchase information, but if you’d like to receive full portfolio information for any of our bulk REOs, please complete the Approved Buyers application here:
http://buybulkreosnow.com/buyers/buyer-application/
Thanks!
Abdu,
I received a link from you this afternoon & forwarded it to my European buyers moments later…They immediately contacted me stating that the link is Dead.