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REO/BPO and Foreclosures Real Estate Owned and Broker Priced Opinion topics, as well as discussions on foreclosures and how to make the most of this aspect of the real esate market.

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Old 09-13-2007, 12:47 PM
brucewaller brucewaller is offline
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Default Desparate... Must Sell REO's from 45 Cents On The Dollar...

I have Bank REOs for 45-55 cents on the dollar. They are available in all 50 states. Each exist on custom, private lists, and include all property types. All fees are included in the final price (but, California, New York, $ Texas 3-4% higher). We structured them into large blocks- $50 million dollars. But, our minimum purchase price is 5 million and orders can go up to very high Billions.

To ensure your investors reorder, we’ve streamlined the process and cut out the broker chain. This means that there will not be 5 middlemen increasing the price for the buyer. This is direct to the bank. Also our fee sheet is structured so that any of your buyers that come back for reorders, are yours for 2 years. Keep in mind you are paid on those as well.

That said, we also have Performing and Non-Performing Notes as well. Performing notes are sold at 60-70 cents on the dollar. Non-Performing at 30-35 cents on the dollar. If you are interested or have buyers interested in any of these, reply and I'll send our NCND and Investor Profile Form.

After we have them signed, we will set up a conference call to iron out details.

If you have any further questions, reply with them.

Regards,

Bruce
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Old 09-13-2007, 08:44 PM
CALIFORNIA ANTHONY CALIFORNIA ANTHONY is offline
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Default Re: Desparate... Must Sell REO's from 45 Cents On The Dollar...

I'm very interested. Please get me more info ASAP. I may be able to help you with this situation.

Anthony
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Old 09-13-2007, 08:47 PM
CALIFORNIA ANTHONY CALIFORNIA ANTHONY is offline
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Default Re: Desparate... Must Sell REO's from 45 Cents On The Dollar...

Bruce, Just let me know what I need to do so we can get started on this.

Anthony
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Old 09-13-2007, 09:29 PM
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ericbadgley ericbadgley is offline
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Default Re: Desparate... Must Sell REO's from 45 Cents On The Dollar...

Sounds like its too good to be true
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Old 09-14-2007, 06:44 AM
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Bigtoe Bigtoe is offline
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Default Re: Desparate... Must Sell REO's from 45 Cents On The Dollar...

I smell canned meat cooking.
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Old 09-14-2007, 06:48 AM
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Default Re: Desparate... Must Sell REO's from 45 Cents On The Dollar...

Is this Amber? She has the same deal.
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Old 09-14-2007, 07:55 AM
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Saodavi Saodavi is offline
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Default Re: Desparate... Must Sell REO's from 45 Cents On The Dollar...

Hey Bruce,

I couldn't find a pic in your profile so I did a Google Image Search and got this on my first hit. Let me know if you need help configuring it so it shows up with your posts.

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Old 09-14-2007, 09:58 AM
avonreal avonreal is offline
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Default Re: Desparate... Must Sell REO's from 45 Cents On The Dollar...

$50 million seems high end, are you sure you got the right target audience Bruce??
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Old 10-01-2007, 05:16 PM
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Highpsi Highpsi is offline
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Default Re: Desparate... Must Sell REO's from 45 Cents On The Dollar...

I wonder if Bruce's offices are headquartered in Nigeria?

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Old 10-01-2007, 05:49 PM
brucewaller brucewaller is offline
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Default Re: Desparate... Must Sell REO's from 45 Cents On The Dollar...

Quote:
Originally Posted by Highpsi View Post
I wonder if Bruce's offices are headquartered in Nigeria?

No, it's located in Las Vegas, Nevada. Go here and type in Las Vegas Investments and Development, Inc. and you'll see.

https://esos.state.nv.us/SOSServices...orpSearch.aspx

Or here, and you will see my Nevada Mortgage License... http://www.mld.nv.gov/AgentDetail.asp?ID=32906

Do your home work before you accuse me of being a scam.
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