Bulk REO Sellers Free Guide To Seasoned Capital Investors Presented by BMI Investment Capital www.bminewbulkreoproperties....
What Bulk REO Sellers Really Want From Buyers? <ul><li>Legitimate Buyers that have the capacity to purchase product at the...
Purchase Criteria and Process For All BMI Investment Capital Clients <ul><li>BMI Investment Capital and our clients are re...
Purchase Criteria and Process For All BMI Investment Capital Clients <ul><li>BMI  WILL  call all Buyers to verify the LOI ...
Broadcast Message For Bulk REO Sellers! Act Now! <ul><li>Direct Bulk REO Sellers that have viable and tangible product rig...
The REO bulk portfolio acquisition process is simple For All BMI Investment Capital Clients <ul><li>STEP 1-Complete and su...
The REO bulk portfolio acquisition process is simple For All BMI Investment Capital Clients <ul><li>STEP 2-When all docume...
The REO bulk portfolio acquisition process is simple For All BMI Investment Capital Clients <ul><li>STEP 6 – The REO Selle...
Bulk REO Sellers Recap On Finding Seasoned Capital Investors  <ul><li>Purchase Criteria and Process is a sophisticated pre...
In Conclusion <ul><li>Right now, BMI Investment Capital has high net worth individuals and financial institutions that can...
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Bulk REO Sellers Free Guide To Seasoned Capital Investors!

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What Bulk REO Sellers Really Want From Buyers?
Legitimate Buyers that have the capacity to purchase product at the take down price.

Seasoned buyers that know what they want and have the purchasing power to close very quickly.

Flexible Buyers that can purchase product on a consistent and reliable basis.

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Bulk REO Sellers Free Guide To Seasoned Capital Investors!

  1. 1. Bulk REO Sellers Free Guide To Seasoned Capital Investors Presented by BMI Investment Capital www.bminewbulkreoproperties.com (800)903-5956
  2. 2. What Bulk REO Sellers Really Want From Buyers? <ul><li>Legitimate Buyers that have the capacity to purchase product at the take down price. </li></ul><ul><li>Seasoned buyers that know what they want and have the purchasing power to close very quickly. </li></ul><ul><li>Flexible Buyers that can purchase product on a consistent and reliable basis. </li></ul>
  3. 3. Purchase Criteria and Process For All BMI Investment Capital Clients <ul><li>BMI Investment Capital and our clients are ready, financially capable and willing to consummate the transaction today. LOI and POF can be submitted immediately. </li></ul><ul><li>BMI Investment Capital and our clients LOI are specific to the criteria of each transaction and must have the name, address, land line, cell phone and signature of the Buyer as well as the contact information for doing the Proof-Up. </li></ul><ul><li>BMI and our clients use absolutely NO financing contingencies. Cash or Line of Credit only. </li></ul>
  4. 4. Purchase Criteria and Process For All BMI Investment Capital Clients <ul><li>BMI WILL call all Buyers to verify the LOI and order. If the order cannot be verified with the signatory of the transaction (the True Buyer), we will move onto the next Buyer. </li></ul><ul><li>BMI WILL NOT “hold” a package for any buyer in anticipation of receiving the LOI and POF. It is FIRST COME – FIRST SERVED ONLY! </li></ul><ul><li>IMPORTANT! In this fluid market, most Sellers require that after the tape is released, the Buyer will have a period of usually around 24 to 48 hours to review it and decide whether to move into due diligence or not. After this time the fee/escrow agreement is established and signed by all parties. The Buyer will need to put a good faith escrow deposit of usually 10% of purchase price to begin due diligence period. (The escrow is refundable during the due diligence period. The Buyer will need to be prepared for and capable of doing this before submitting LOI.) </li></ul>
  5. 5. Broadcast Message For Bulk REO Sellers! Act Now! <ul><li>Direct Bulk REO Sellers that have viable and tangible product right now, contact us immediately to take advantage of limited time promotional offer! </li></ul><ul><ul><li>Call BMI Investment Capital now! (800)903-5956 </li></ul></ul><ul><ul><li>Ask For James Sanford (CEO) </li></ul></ul><ul><ul><li>Visit Our Website: www.bminewbulkreoproperties.com </li></ul></ul><ul><li>Most importantly, back to the subject at hand with Free Guide To Seasoned Capital Investors. Please continue on……Thanks and enjoy this priceless guide! </li></ul>
  6. 6. The REO bulk portfolio acquisition process is simple For All BMI Investment Capital Clients <ul><li>STEP 1-Complete and submit the following REO forms and documentation: </li></ul><ul><ul><li>Non Circumvent / Non Disclosure Agreement (NC/ND) </li></ul></ul><ul><ul><li>Proof of Funds (POF) </li></ul></ul><ul><ul><li>Letter of Intent (LOI) including “EXHIBIT A – Requested States, Cities and Zip Codes” </li></ul></ul><ul><ul><li>Master Fee Agreement (MFA) </li></ul></ul><ul><li>Failure to provide the required information will delay the processing of the buyer’s portfolio request. Our Seller’s REO Asset Controllers will not fill any orders that are incomplete. Information may be Faxed to 619-923-7900 or e-mailed to : [email_address] </li></ul>
  7. 7. The REO bulk portfolio acquisition process is simple For All BMI Investment Capital Clients <ul><li>STEP 2-When all documents have been completed and returned, Buyers will be contacted by an Bank REO Property Sales, LLC acquisition specialist to review their order request. </li></ul><ul><li>STEP 3 – The Buyer’s order will be submitted to a direct REO Asset Controller </li></ul><ul><li>STEP 4 – Once we have spoken to the REO Asset Controller, we will fill the order and the REO Seller will verify the Buyer’s POF. BMI will e-mail the Master Fee Agreement for the Buyer’s signature </li></ul><ul><li>STEP 5 – After the REO Seller has verified the Buyer’s Proof of Funds, the Buyers may be asked to make a refundable 10% deposit of the desired REO acquisition. </li></ul>
  8. 8. The REO bulk portfolio acquisition process is simple For All BMI Investment Capital Clients <ul><li>STEP 6 – The REO Seller will forward the REO tape (bulk portfolio list) to the Buyers. Buyers are allowed a due diligence period of between 7 to 14 days depending on the requirements of the REO Asset Controller or Compiler and the size of the REO bulk portfolio </li></ul><ul><li>STEP 7 – Escrow to close on the next business day after expiration of the due diligence period. </li></ul>
  9. 9. Bulk REO Sellers Recap On Finding Seasoned Capital Investors <ul><li>Purchase Criteria and Process is a sophisticated prescreening system designed to find legitimate Buyers that have the capacity to purchase product at the take down price. </li></ul><ul><li>The REO bulk portfolio acquisition process is a simple system designed for seasoned buyers that know what they want and have all the necessary measures in place to close very quickly. </li></ul>
  10. 10. In Conclusion <ul><li>Right now, BMI Investment Capital has high net worth individuals and financial institutions that can purchase any and all products. </li></ul><ul><li>Therefore, we are seeking specific direct sellers that can not only provide consistent and viable product, but also coupled with a LOA, or fulfillment letter stating the seller has direct control of the product. If this is not feasible, we would like to see if we could receive 10-15 addresses off a scrubbed tape so that current BPO can be verified. </li></ul><ul><li>Lastly, BMI Investment Capital clients would also like to be put on the phone directly with the seller who has the authority to sell the asset. Our clients will only proof up bank to bank or attorney to attorney. </li></ul><ul><li>BMI Investment Capital </li></ul><ul><li>www.bminewbulkreoproperties.com </li></ul><ul><li>(800)903-5956 </li></ul>
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