Bulk REOs

U.S. GOVERNMENT REOs and MBS/CMBS Residential – Commercial – Industr...

Suggestion by 71.227.158.181 on 2009-06-16 22:06:33

U.S. GOVERNMENT REOs and MBS/CMBS Residential – Commercial – Industrial Price Range: 25-60 cents of Current Market Value Overview The U.S. government’s bailout of banks across the nation and the record numbers of foreclosures occurring each month across the country has created trillions of dollars of REO’s. The U.S. government is liquidating unprecedented volumes of U.S. REOs it has accumulated through HUD, Fannie Mae, Freddie Mac, the FDIC, and from National Banks. These REOs are comprised of residential and commercial properties and notes. A non-profit entity that is certified by the United States Treasury that is authorized to liquidate these REOs into the private sector has partnered with America Capital Funding to market and liquidate these REOs. We facilitate buyers and/or investors to acquire these REOs and MBS/CMBS portfolios at an unprecedented price point in U.S. history. What makes these REOs especially attractive is that they are being liquidated at 25-60 cents on the dollar based on a current market value, property condition, and geographic location. For example, if a REO home was appraised at $300,000 in 2007 and the current market value today was $200,000, and then sold as an HUD REO for 45 cents on the dollar, this would mean you would pay a mere $90,000. Read the requirements below to participate in purchasing these REOs: • ELIGIBLE BUYERS: Any private investor, investor group, or company from the U.S. or Foreign country. All purchases are in U.S. dollars. • MINIMUM PURCHASE AMOUNT: $5 Million dollars. Will accept purchases over $10 Billion dollars. Buyer to provide soft Proof of Funds (POF) when making a request. Hard POF will be verified by bank to bank by Citibank. Once funds are verified, the requested REO list will be sent to the Buyer. • REO TYPES AVAILABLE: Residential homes, Commercial Buildings, Retail properties, Industrial properties, and SBA loans. These properties may either be vacant or rented. You can customize your REO requests to what you are seeking, such as: property condition, geographically by state, county, or zip code; with zero rehab, light rehab, distressed, or a combination thereof; or by price point like 40 cents on the dollar, etc. These prices will vary by property types and geographic locations. • TITLE TO PROPERTIES: All properties are Registered and Titled showing HUD as the owner. • 30-DAY ESCAPE CLAUSE: If you buy a portfolio from HUD, Fannie Mae, or Freddie Mac and there is a property in the portfolio that did not reasonably match the criteria you requested on your LOI, then you have up to 30 days from the closing of your portfolio to notify the Seller and have that property replaced. • ESCROW: You can set up escrow with a bank of your choice (must be one of the 25 national banks) or a national title/escrow company. • REO PROPERTY VALUES: All properties have been appraised within the last 90 days and represent current market values. The REO lists will include property address and condition by category. If Buyer insists, they can receive a paragraph description of the property from the appraisal if available. U.S. GOVERNMENT REOs and MBS/CMBS Residential – Commercial – Industrial Price Range: 25-60 cents of Current Market Value Overview The U.S. government’s bailout of banks across the nation and the record numbers of foreclosures occurring each month across the country has created trillions of dollars of REO’s. The U.S. government is liquidating unprecedented volumes of U.S. REOs it has accumulated through HUD, Fannie Mae, Freddie Mac, the FDIC, and from National Banks. These REOs are comprised of residential and commercial properties and notes. A non-profit entity that is certified by the United States Treasury that is authorized to liquidate these REOs into the private sector has partnered with America Capital Funding to market and liquidate these REOs. We facilitate buyers and/or investors to acquire these REOs and MBS/CMBS portfolios at an unprecedented price point in U.S. history. What makes these REOs especially attractive is that they are being liquidated at 25-60 cents on the dollar based on a current market value, property condition, and geographic location. For example, if a REO home was appraised at $300,000 in 2007 and the current market value today was $200,000, and then sold as an HUD REO for 45 cents on the dollar, this would mean you would pay a mere $90,000. Read the requirements below to participate in purchasing these REOs: • ELIGIBLE BUYERS: Any private investor, investor group, or company from the U.S. or Foreign country. All purchases are in U.S. dollars. • MINIMUM PURCHASE AMOUNT: $5 Million dollars. Will accept purchases over $10 Billion dollars. Buyer to provide soft Proof of Funds (POF) when making a request. Hard POF will be verified by bank to bank by Citibank. Once funds are verified, the requested REO list will be sent to the Buyer. • REO TYPES AVAILABLE: Residential homes, Commercial Buildings, Retail properties, Industrial properties, and SBA loans. These properties may either be vacant or rented. You can customize your REO requests to what you are seeking, such as: property condition, geographically by state, county, or zip code; with zero rehab, light rehab, distressed, or a combination thereof; or by price point like 40 cents on the dollar, etc. These prices will vary by property types and geographic locations. • TITLE TO PROPERTIES: All properties are Registered and Titled showing HUD as the owner. • 30-DAY ESCAPE CLAUSE: If you buy a portfolio from HUD, Fannie Mae, or Freddie Mac and there is a property in the portfolio that did not reasonably match the criteria you requested on your LOI, then you have up to 30 days from the closing of your portfolio to notify the Seller and have that property replaced. • ESCROW: You can set up escrow with a bank of your choice (must be one of the 25 national banks) or a national title/escrow company. • REO PROPERTY VALUES: All properties have been appraised within the last 90 days and represent current market values. The REO lists will include property address and condition by category. If Buyer insists, they can receive a paragraph description of the property from the appraisal if available. Rich Rano email: rcrano@gmail.com

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