BUY BULK REOs NOW

For those of you looking to get your feet wet in the Bulk REO Business we have the perfect opportunity.

I came across this small 9 home package for $50K.

Mortgage.com values the properties at $510,000 or under 10 cents on the dollar!!

Now let’s say mortgage.com overvalues properties by 70% (which is extremely high, but what the heck).

That would value the portfolio at $153K which is still 32 cents on the dollar!!

Homes are located in the following states:
AZ(1) AR (1) MO (1) MI (3) LA (1) OH (1) KY (1)

Click HERE to email me if you’re interested.

This is a brand new acquisition. Properties have not been shopped- not floating around on the Internet

• We own these properties – You will be dealing directly with the OWNER and PRINCIPAL
• 131 Properties
• Some Warranty Deeds / Some Quitclaim deeds -We provide to you what the bank has provided to us.
• Some tax prorations -We provide to you what the bank has provided to us.
• Package may be broken up – make offer (See notes below).
• Buyer to perform due diligence
• Sold AS IS / WHERE IS
• States: (85)FL,  (2)IA, (4)KS, (1)MA, (1)ME, (9)MO, (1)ND, (3)NE, (2)NY, 5(OH), (12)PA, (1)SD, 2(VA), (1)WV, (1)WY
• PURCHASE PRICE IS $3.15M

TO BUY:

1. Email us your POFs to see the full list.
2. Do your due diligence and be ready to buy.
3. Enter contract for the entire list or cherry-pick and make an offer above the average price per house ($24,045.00)

Seller financing is also available, but you must include a POFs for the down payment and be ready to provide standard financial documentation. We can approve you in MINUTES!

*Become an Approved Buyer *

[Download id not defined]

• 30 Homes
• All Quitclaim deeds / AS-IS
• No tax prorations
• Package may be broken up for $7500 a house
• Buyer to perform due diligence
• PURCHASE PRICE IS $225K

TO BUY:

1. [Download id not defined]
2. Do your due diligence and be ready to buy.
3. Select the houses you want and email us your POFs and we’ll email you a contract.

Do you know who might want to buy this? Join our Affiliate Program to refer your buyer and make a referral fee!

Seller financing is also available, but you must include a POFs for the down payment and be ready to provide standard financial documentation. We can approve you in MINUTES!

*Become an Approved Buyer *

DOWNLOAD THE FULL ADDRESSES BY
CLICKING HERE: [Download id not defined]

• We own these properties – You will be dealing directly with the OWNER and PRINCIPAL
• 168 homes, mostly SFHs
• All Quitclaim deeds / AS-IS
• No tax prorations
• Package may be broken up – make realistic offer.
• Buyer to perform due diligence
• States: (2)AL, (1)AR, (5)AZ, (4)CA, (1)CO, (11)FL, (9)GA, (1)IA, (9)IL, (7)IN, (4)KY, (1)LA, (55)MI, (5)MN, (3)MO, (2)MS, (1)NC, (1)NV, 30(OH), (1)OK, (6)PA, (1)RI, (1)SC, (4)TN, (2)TX, (1)WI
• PURCHASE PRICE IS $2.1M

TO BUY:

1. Download the full addresses: [Download id not defined]
2. Do your due diligence and be ready to buy.
3. To buy the entire list simply email us your POFs and we’ll email you a contract (OR)
4. Cherry-pick the houses you want and email us an offer above the average price per house ($12,500.00) as well as your POFs and we’ll send you a contract if your offer is accepted.

Do you know who might want to buy this?  Join our Affiliate Program to refer your buyer and make a referral fee!

Seller financing is also available, but you must include a POFs for the down payment and be ready to provide standard financial documentation. We can approve you in MINUTES!

*Become an Approved Buyer *

UPDATED 3/2 – AVM COMES IN AT $1,281,172.25!

That puts this package at 22% of AVM. With only 2 houses in MI and 7 in OH this is a great deal!

!!NOT A SINGLE DETROIT HOUSE IN THIS LIST!!

Review the AVM below and email us for a contract when you’re ready to buy.

Download the list complete with full addresses and AVM: [Download id not defined]

• We own these properties – You will be dealing dierctly with the OWNER and PRINCIPAL
• 34 homes, mostly SFHs
• All Quitclaim deeds / AS-IS
• No tax prorations
• Package may be broken up – make realistic offer.
• States: (3)AL, (1)AR, (2)GA, (2)IL, (2)IN, (1)KY, (2)MI, (1)MN, (1)MO, (7)OH, (1)SC, (1)TN, (5)TX, (4)WI, (1)WV
• Bank provided BPO is $684,500.00
• 3rd Party AVM is $1,281,172.25
• Purchase price is $280,645.00 (22% of AVM) NET

TO BUY:

1. Do your due diligence and be ready to buy
2. To buy the entire list simply email us your POFs and we’ll email you a contract (OR)
3. Cherry-pick the houses you want and email us an offer above the average price per house ($8,254.00) as well as your POFs and we’ll send you a contract if your offer is accepted

Seller financing is also available, but you must include a POFs for the down payment and be ready to provide standard financial documentation. We can approve you in MINUTES!

Look at what some of these have sold for!

http://www.cyberhomes.com/homes-lithonia-ga-30038/4345idlewoodpark/20524455.aspx

http://www.trulia.com/homes/Wisconsin/West_Allis/sold/25710-1615-S-57th-St-West-Allis-WI-53214

http://www.zillow.com/homedetails/3836-W-Mckinley-St-Phoenix-AZ-85009/7505607_zpid/

http://www.cyberhomes.com/homes-lithonia-ga-30058/2685rockchapelrd/28369069.aspx

http://www.zillow.com/homedetails/205-NW-12th-Ave-South-Bay-FL-33493/46878583_zpid/

http://www.trulia.com/homes/Illinois/Chicago/sold/98310-6053-S-Washtenaw-Ave-Chicago-IL-60629

http://www.trulia.com/homes/California/Sacramento/sold/6229958-1557-Frienza-Ave-Sacramento-CA-95815

http://www.trulia.com/property/1066398253-115-Gallagher-Ave-Logan-OH-43138

http://www.cyberhomes.com/homes-linden-mi-48451/16175knobhilldr/3458355.aspx

http://www.zillow.com/homedetails/263-Pope-Rd-Tobyhanna-PA-18466/9797432_zpid/

http://www.zillow.com/homedetails/33803-Kerr-Rd-Pine-CO-80470/13841909_zpid/

http://www.trulia.com/homes/Nevada/North_Las_Vegas/sold/59624-1809-W-Mcdonald-Ave-North-Las-Vegas-NV-89032

*Become an Approved Buyer *

Partner Opportunity

!!WILL PAY $10K TO FIND BUYER!!

Summary:

• 15 Unit Condo Package in Naples, FL, located within an Exclusive Golf Community @ $99,334 a door!!
• 9 – 3bdr/2bth units
  • Market Value: $360,000.00 (HAVE APPRAISALS!!)
  • PRICE SLASHED TO $99,334 A DOOR!
  • Estimated monthly rental $1,500.00
• 6 – 2bdr/2bth units
  • Market Value $320,000.00 (HAVE APPRAISALS!!)
  • PRICE SLASHED TO $99,334 A DOOR!
  • Estimated monthly rental: $1,200.00

• Rental Company on site can rent units within 30 days/excluding these units, development is currently at almost 100% occupancy!
• There are a total of 322 units in the development, excluding our 15, there are only 4 vacant units (which are not up for rental). The rental company states that he has a waiting list for the rentals when they become available! This a cash cow from the start!

Total Package Price is $1,490,000 FOR ALL 15 UNITS!!!

Email LOI and POFs to connect with seller mandate

!!UPDATED 2-11-09   –   ONLY 23 HOUSES LEFT!!

• 47 SFHs
• All Quitclaim deeds / AS-IS
• No tax prorations
• States: (1)AZ, (5)CA, (6)FL, (5)GA, (6)IL, (5)IN, (1)MA, (1)MD, (6)MI, (1)MN, (1)NJ, (5)OH, (1)TX, (1)VA, (1)WI
• Bank provided BPO is $2,893,500
• Purchase price is $1,128,465.00 (39% of BPO) NET

*Become an Approved Buyer to get the full addresses*

Our buyer fell through for this package and we have until today to close on it.

We have actual BPO values as well as a 3rd party AVM.   In case you’re not familiar with AVM, it’s what most bulk REO buyers are using to quickly valuate REO portfolios before making offers.

For more info on AVM, checkout: http://en.wikipedia.org/wiki/Automated_Valuation_Model **More to follow about AVM**

Here are the details of the portfolio:

• 181 Properties in the Midwest / southeast
• Concentration in MI and OH
• Purchase price is $781,690.00
• BPO value is $9.8M – 7.9% LTV
• AVM value is $5.3M – 14.7% LTV
• All deeds are immediately available

Escrow must be opened TODAY.

If you are serious email / fax me your own signed contract and open escrow with the company of your choice.

I will ask you to sign my contract to complete the transaction once escrow has been opened.

As always, please feel free to contact me for any questions.

Have a great New Year and a prosperous 2009!

P.S. Our Tampa, FL package is still available – 7 doors for $410K
        Click here for details: http://buybulkreosnow.com/?p=166

5 Tampa properties:

• 3 Single Family Homes
• 2 Duplexes
• $409,999
• Warranty Deeds
• Conventional closing OK

Submit your contract with $20K refundable deposit for 3 day inspection period.

Addresses:

2433 N Ramona Cir, Tampa, FL 33612

• Single Family / 3/1 Block / 1,206 SF / No Rehab!

2740 Birdland Ct, Land O Lakes, FL 34639

• Single Family / 3/2 Block / 1,565 SF / Move in ready!

3602 N 54 St, Tampa, FL, 33619

• Duplex / 5 Bedrooms 2 bath!/ 2,000 SF / Great for cash flow!

2325 E 112th Ave, Tampa, FL 33612

• Single Family / 3/2, 1565 SF / Renters already lined uo for $900 month!!

2509 N Armenia Ave, Tampa, FL 33607

• Duplex / Two 1/1 units / 1 unit rented $750 / Minor Rehab (roof repair, otherwise rent ready). 1,050 SF.

Email US

NOTE: This opportunity is being offered by a Sunrise Property Group Affiliate:

!…Performing / Non-Performing Note Package for Sale…!

Seller Wants This Sold!

Current 1st Trust Deed Balances $4,451,026.50

Asking $2,000,000 – Make Offer!

Appraisals completed on March 2008.

All loans are 1st Trust Deeds! Most Foreclosures are in process! Majority SFRs

• 20 States
• 99 Total Notes
• 79 Occupied
• 19 Vacant
• 1 Tenant

Email a completed NCND and proof of funds to receive the sanitized list and to be put in direct contact with seller’s representative.