NOTE: This opportunity is being offered by a Sunrise Property Group Affiliate:
This tape is unique in that the properties are not bank-owned foreclosures, but are rather bank-owned performing notes (homeowners are making the mortgage loan payments).
The current note balance of $324M has been discounted to $266M. A consulting fee of 3.0% will be added to the discounted bank price.
Interested buyers will need to provide a LOI and proof of funds in order to receive copy of the full tape which includes note details (loan type, terms, rates, qualification information, payment history and current balance due), property information, and appraisal values- everything needed to complete a thorough assessment.
A $50M minimum purchase block can be pulled from a single state by zip code or combined from multiple states.
If you and/or your clients are ready to invest in the cleanest and easiest purchase of BPO properties to date, then please contact us and we will send you a summary file that provides a breakdown of these properties by state.
Once POFs and LOI is provided you will be working directly with the seller / seller’s attorney- no intermediaries, no daisy chain.
Due to the high quality of properties in this portfolio, this tape will not last long!