Frank Avilla's Blog (2)

In co-operation with large Institutional Investors (HSBC, Morgan Stanley, Bank of America, Chase, etc.), we have created a process for requesting customized bulk REO packages for buyers. These Institutional Investors are constantly reorganizing their portfolio to maintain regulatory and liquidity requirements, which allows them to release a percentage of their REOs for bulk sale. We have these opportunities available immediately. Our requests are compiled on a first-come,…

We have available to us, up to 8B in REOs direct from the seller; starting at 33+3 for a 1B nationwide package. For those customers with smaller budgets; the seller will fill any order at 5MM and above with pricing below average. Everything is light to ZERO rehab. For any buys above 250MM we can get the seller on the phone with an LOI and SPOF; for anything below that we can have the seller’s authorized mandate available to speak to the buyer.…