PurchaseBulkREO Sellers Infomation - Where Institutional Note/REO Sellers & Buyers make deals!
Purchase Bulk REO is the premier facility for an open dynamic bidding exchange as a viable sales exit
strategy for your real estate assets. Our auction facility significantly maximizes your
proceeds while expediting assets off your balance sheet.
Your assets may include, but not limited too REO's(Bank Owned Properties) and notes.
These assets will be listed for sale in bulk bundles.
Our Online Auction environment enhances the sale of these assets which benefits you with
competitive bids and timely closings. To protect the integrity and auction process of
this site it is limited to pre-screened and pre-qualified direct sellers and buyers only.
Seller's Click Here to Signup Now
Seller Benefits: No cost to seller
All bidders are pre-screened and rated for financial capacity
Winning bidder pays a transaction service fee on the bid amount upon opening escrow of:
2% of the purchase price
Ability to set reserve requirement
No obligation to complete transaction if qualified winning bid doesn't meet your reserve amount
Sellers may utilize the site to provide exposure for their real estate assets
Direct Sellers or Direct Authorized Agents of Sellers only
No "Daisy Chains" allowed
Easy listing of REO assets
Live online bid tracking
Option to receive email alerts
Access to your current and past transactions
Anonymous bidding to insure privacy
Access to a wide range of pre-screened qualified buyers
Competitive bids for maximum proceeds
Expedited closings
Increased liquidity
Qualified Winning Bid:
Bidder executes contract by depositing 10% of the winning bid plus our service fee in an escrow account within 48 hours after auction closes.
Winning bidder usually has (5-10) days to do their due diligence after auction closes.
After due diligence period winning bidder has 72 hours to finalize contract and fulfill its obligations.
Please fill out the form below and we'll be glad to reply (usually within 24 hours).
We honor your privacy and will not give or sell your information to anyone else.